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Below are articles from this week's edition of Petroleum News. Subscribers must log in above to view the complete articles. Subscribe now for full access.
  • Info squabble - 07/24/2016 (Full story) State officials defended their requests for access to North Slope producers' confidential Prudhoe Bay gas marketing information in legislative hearings July 19 but the issue appears headed for a showdown, perhaps ultimately in the courts. Corri Feige, director of the state Division of Oil and Gas, s....

  • Nikaitchuq wells in '17 - 07/24/2016 (Full story) Expecting (or at least hoping for) an improved economic climate, Eni Petroleum plans to resume drilling activities at the nearshore Nikaitchuq unit in the first quarter of 2017. The local subsidiary of the Italian major suspended activities at its North Slope unit and reduced its Alaska workforce b....

  • Taking the lead - 07/24/2016 (Full story) Short on details, Gov. Bill Walker's July 18 update on the state's Alaska LNG plans to the Anchorage Chamber of Commerce was long on vision, beginning with a reminder that moving forward with Alaska liquefied natural gas was one of the driving forces in his decision to run for governor in 2014. Gett....

  • Walker appoints French to AOGCC - 07/24/2016 (Login to read Full story) Gov. Bill Walker has appointed Hollis French to the public seat on the Alaska Oil and Gas Conservation Commission. Hollis, a former state senator from Anchorage, worked in the oil and gas industry before earning his law degree. In making the appointment the governor said, “AOGCC plays an integral....

  • Walker names Hendrix O&G advisor - 07/24/2016 (Login to read Full story) Alaska Gov. Bill Walker said July 18 that he has named John Hendrix, formerly with Apache Alaska, as his chief oil and gas advisor, a newly created cabinet-level position. “As Alaska navigates this new reality of low oil prices and production, the industry itself is grappling with ways to innovate....

  • Educator engaged on resource issues - 07/24/2016 (Login to read Full story) Sen. Mike Dunleavy may not sit on a resources or energy committee but the member of Senate Finance and the Education Committee chair remains focused on resource issues enough that he often finds himself with a seat on a joint panel of resources committees. He stays the entire eight hours, asks ques....

  • Consultant questions state lead on AKLNG - 07/24/2016 (Login to read Full story) An oil and gas consultant to the state Legislature said it's not uncommon for major liquefied natural gas project sponsors to realign their ownerships, as Gov. Bill Walker now proposes with the Alaska LNG Project, but that the state of Alaska faces a big credibility gap in attempting to take over th....

  • Arctic Fortitude leases expire - 07/24/2016 (Login to read Full story) The three leases in the former Arctic Fortitude unit expired in late June. The expiration of the leases — ADL 389177, ADL 389178 and ADL 389179 — is retroactive to May 2012, when the state officially terminated the North Slope unit following four years of legal disputes from the state and operator A....

  • British Columbia LNG gets further jolts - 07/24/2016 (Login to read Full story) The odds keep piling up against British Columbia's dreams of ever becoming a global LNG player, with the Royal Dutch Shell-operated project delaying a final decision on the venture because of turmoil in energy markets. That was accompanied by a clear warning from a retired industry executive that t....

  • AOGCC sets hearing on regulations update - 07/24/2016 (Login to read Full story) The Alaska Oil and Gas Conservation Commission has set a hearing for Sept. 27 on proposed updates to its regulations. Proposed regulation changes are available on the commission's website at Questions about the proposed action must be received at least 10 days before the end o....

  • Draft EIS for possible inlet sale out - 07/24/2016 (Login to read Full story) The federal Bureau of Ocean Energy Management has issued a draft environmental impact statement for a possible 2017 Cook Inlet oil and gas lease sale. This is another step in a BOEM decision process on whether to hold a sale in federal waters in Cook Inlet. A possible Cook Inlet sale is part of th....

  • Conoco acquires Tofkat prospect - 07/24/2016 (Login to read Full story) Way back in 2002, the Alaska Department of Natural Resources added nearly 60,000 acres to the Colville River unit to incorporate four nearby prospects: Nanuq, Fiord, Oberon and Titania. While operator ConocoPhillips eventually developed Nanuq and Fiord as satellite fields, the company dropped the Ob....

  • Game-changer at Arctic broadband summit - 07/24/2016 (Login to read Full story) In mid-July, tech industry experts, policy leaders and pan-Arctic executives and residents met for two days in Barrow, Alaska, to discuss the critical need for high-speed broadband across the circumpolar Arctic, and how to best prepare for the opportunities and challenges the new technology will bri....

  • Thibert new CEO at Chugach Electric - 07/24/2016 (Login to read Full story) Chugach Electric Association said July 18 that Lee Thibert has been named chief executive officer of the association, replacing Brad Evans who retired as CEO in mid-July after serving 8 years in that role. Thibert has been with Chugach Electric since 1987 and has held a variety of senior management....

  • Alberta dangles new industry incentives - 07/24/2016 (Login to read Full story) The Alberta government has done a full about-turn from its original threat to hike oil and gas royalties by introducing two new royalty programs to stimulate spending on early-stage developments and squeeze more revenue out of underutilized existing operations. Energy Minister Marg McCuaig-Boyd said....

  • 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.

  • Interior releases final well control regulations 04/14/2016
  • RCA approves ML&P, Chugach Electric gas field purchase 04/22/2016
  • ExxonMobil starts Point Thomson production 04/22/2016
  • 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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