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  • $12.2 million fine - 12/14/2014 (Full story) Having pled guilty to eight felony offenses relating to the operation of the Noble Discover and Kulluk drilling vessels in Alaska waters in 2012, Noble Drilling (U.S.) LLC will pay $12.2 million in fines and community service payments, the U.S. Department of Justice announced on Dec. 8 following a p....

  • Conoco slashes budget - 12/14/2014 (Full story) As ConocoPhillips ramps up capital spending in Alaska, the company is scaling back its overall capital spending plans, the company said in a recent budgetary announcement. The $13.5 billion capital program for 2015 is a 20 percent reduction from 2014. The drop comes as some major projects near compl....

  • Alaskan eyes ‘lit up' - 12/14/2014 (Full story) Arctic Gateway, a sweeping initiative to explore ways to move oil and natural gas from Alberta, the Northwest Territories, Yukon and Alaska to markets in the Asia-Pacific region, will likely be an underpinning of a standalone energy strategy being drafted in the NWT, said Industry Minister Dave Rams....

  • Revenue forecast reflects lower price, higher volume from spring - 12/14/2014  There are two major changes from prior forecasts, Department of Revenue Acting Commissioner Marcia Davis said Dec. 10 in releasing the Revenue Sources Book Fall 2014, both impacting near-term revenue. A small production increase is a positive for the state, more than offset by a large drop in oil p....

  • Petronas backs off LNG plan - 12/14/2014  British Columbia Premier Christy Clark boasted on Dec. 1 that her government was in “good shape” to convince Petronas to sanction its huge Pacific NorthWest LNG project. Two days later she was left red-faced when the state-owned Malaysian energy giant deferred a decision indefinitely, blaming the “c....

  • Hawker wants both gas projects to continue - 12/14/2014  House Rep. Mike Hawker has been a member of the House Finance Committee, which he also served as co-chair, a member of the House Resources Committee and is completing a two-year stint as chair for the Legislative Council. But the one constant during his entire 12-year career in office is the Legisla....

  • Walker releases FY 2016 budget - 12/14/2014  Alaska Gov. Bill Walker has released the fiscal year 2016 budget given to him by outgoing Gov. Sean Parnell. “As part of our commitment to having an open and transparent government, we are releasing the Parnell administration's Work-In-Progress budget,” Walker said in a Dec. 5 statement, “We apprec....

  • Flint Hills leaves Quality Bank case - 12/14/2014  Flint Hills Resources Alaska LLC has withdrawn from a case challenging the methodology used to calculate Quality Bank payment for the trans-Alaska oil pipeline. The refining company gave notice two weeks after the Federal Energy Regulatory Commission upheld an earlier ruling to maintain the existing....

  • No North Slope tundra openings yet - 12/14/2014  The Alaska Department of Natural Resources has begun assessing snow conditions and soil temperatures on the North Slope, with all state-owned lands remaining closed to off-road travel. Pre-packing, however, has been approved for a number of projects within the coastal areas, DNR said, and for two p....

  • AOGCC schedules public meetings - 12/14/2014  The Alaska Oil and Gas Conservation has scheduled public meetings for Jan. 7, Feb. 4, March 4, April 1 and May 6 at 9 a.m. at the commission's Anchorage hearing room. The agenda may include general commission business such as personnel matters, regulatory matters, policy and budget matters, oil and....


  • Plans under way for harbor safety panel - 12/14/2014  The Cook Inlet Regional Citizens' Advisory Council said in its recent newsletter that plans are under way for a Cook Inlet harbor safety committee. An informational meeting was held in Kenai Nov. 12, including an overview of the Cook Inlet Risk Assessment. CIRCAC said a harbor safety committee was....

  • EIA: Brent lowest since September 2010 - 12/14/2014  North Sea Brent crude oil spot prices were down by more than 15 percent in November, and down 29 percent from a 2014 high, dropping from $85 a barrel early in the month to $72 a barrel Nov. 28. In its December Short-Term Energy Outlook the U.S. Energy Information Administration said the Brent monthl....

  • US oil reserves up, Alaska's down - 12/14/2014  With a rise of 9 percent to 36.5 billion barrels, U.S. oil and condensate reserves increased in 2013 for the fifth consecutive year, EIA, or the Energy Information Administration, reported Dec. 4. But Alaska bucked the trend, having seen a reserves decline of 454 million barrels, a drop of 14 percen....

  • State lists Miller as Savant owner - 12/14/2014  In a sign that a previously announced deal may have closed or be near closing, state lease records show Miller Energy Resources Inc. as having acquired Savant Alaska LLC. In its November lease report and in its online lease case files, the Alaska Department of Natural Resources listed Miller as bein....

  • Air permit proposed for Agrium plant - 12/14/2014  The Alaska Department of Environmental Conservation has proposed issuing an air quality permit for Agrium's fertilizer plant at Nikiski on the Kenai Peninsula. Agrium is considering re-opening the mothballed plant and had applied for the air permit, to ensure that the fairly lengthy permitting proce....

  • US drilling rig count up 3 to 1,920 - 12/14/2014  Oilfield services company Baker Hughes Inc. says the number of rigs drilling for oil and natural gas in the U.S. rose by three the week ending Dec. 5 to 1,920. The Houston firm said in its weekly report that 1,575 rigs were drilling for oil and 344 for gas. One was listed as miscellaneous. A year a....

  • Alyeska plans to end West Tank Farm use - 12/14/2014  The volume of Alaska North Slope crude oil passing through the Valdez Marine Terminal is less than quarter of what it was at the peak of ANS production in the 1980s, and fewer tanks are needed to store oil prior to tanker loading. The major trans-Alaska oil pipeline owners — BP Pipelines (Alaska) I....

  • NANA Oilfield Services broke oil spill rules; will pay $37,500 penalty - 12/14/2014  North Slope fuel distributer NANA Oilfield Services has settled with the EPA, or Environmental Protections Agency, over multiple violations of the Clean Water Act spill prevention rules and spill response requirements at the company's Deadhorse fuel storage and distribution facility, EPA announced D....

  • Oil Patch Bits: ACS: 2 million man hours with no lost time accidents - 12/14/2014  As reported by the State of Alaska Department of Labor and Workforce Development Dec. 8, Labor and Workforce Development Acting Commissioner Grey Mitchell said Alaska Clean Seas has been reapproved to participate in the Voluntary Protection Program as a result of outstanding employee safety and heal....

  • Petroleum News also offers a News Bulletin Service.
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    Note: Unlike Petroleum News, the News Bulletin Service covers Alaska only; delivering important oil and gas news as it breaks.

  • Kulluk appears intact and stable 01/03/2013
  • Kulluk is back under tow 12/31/2012
  • Shell vessel towing the Kulluk loses power south of Kodiak 12/28/2012
  • Court rejects appeal against Shell air permits 12/26/2012
  • Furie permitting Kitchen Lights development 12/05/2012
  • Conoco applies for Bear Tooth permit 12/03/2012

    The eAlert News Bulletin Service is our premier information service. Often delivered multiple times per week by email, it provides the latest breaking news for the oil and gas industry.
































































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