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  • Shell plan is out - 04/19/2015 (Full story) The Bureau of Ocean Energy Management has deemed Shell's Chukchi Sea exploration plan complete, has published the plan on the BOEM website and is inviting public comments on the document. Shell wants to resume its Chukchi Sea exploration drilling program during this summer's Arctic open water season....

  • Interior gas bill moves - 04/19/2015 (Full story) Two versions of a bill to promote natural gas for the Fairbanks area moved in the Alaska Legislature April 15. As introduced, the administration bill removed the restriction that a liquefied natural gas project for the Interior must be based on the North Slope. House Bill 105 passed that body by a....

  • Shake up for BC dreams - 04/19/2015 (Full story) The proposed merger of Royal Dutch Shell and BG Group sets the stage for a drastic, long-predicted weeding out of Canada's overcrowded LNG field. Assuming that anti-trust authorities don't attempt to block the deal, the combined company will make it easier to eliminate one and possibly two of Britis....

  • Shell's BG Group takeover, company refocus could impact Alaska - 04/19/2015  Shell's $66 billion takeover of BG Group, one of the world's largest natural gas companies, has sent shock waves around the energy world. But will any of those merger vibrations reach Alaska, especially given Shell's multi-year attempts to explore in the state's Arctic offshore? One thing does seem....

  • Governor sets out LNG plan in April 10 letter to legislators - 04/19/2015  Leaders in the Alaska Legislature have been asking Gov. Bill Walker what his plan is for moving forward with the Alaska LNG project. Former Gov. Sean Parnell negotiated an equity position for the state in the project, which the previous Legislature approved; that project is in the pre-front end engi....

  • Nageak battles health, Obama administration - 04/19/2015  When House Rep. Bennie Nageak returned for his second term in January, he didn't just want a seat on the House Resources Committee. No, he wanted to share the gavel with David Talerico and serve as co-chair for the next two years. And why not, he says. After all this Barrow Democrat who aligns himse....

  • Moving off the sidelines - 04/19/2015  Canada's industrial heartland — the provinces of Ontario and Quebec — have joined British Columbia in making an end-run around a sluggish federal government and deciding to put a price on carbon emissions. But Alberta, the largest provincial contributor to greenhouse gas emissions, is giving no ind....

  • Spillover hits wider area - 04/19/2015  The fallout from low oil prices is starting to hit a wider section of the Canadian economy, affecting jobs and investment, according to 100 companies surveyed by the Bank of Canada, the equivalent of the U.S. Federal Reserve. Over the next year, fewer companies expect to invest in machinery and equi....

  • Persily says fiscal plan best alternative - 04/19/2015  With Gov. Bill Walker and leaders of the Alaska Legislator at loggerheads over plans for an Alaska liquefied natural gas project, Larry Persily told the Anchorage Chamber of Commerce April 13 that he feels for the Alaska Gasline Development Corp., which, like a kid in a contested divorce, is in the....

  • AOGCC issues two exploration permits - 04/19/2015  The Alaska Oil and Gas Conservation Commission issued two permits in early April. The agency gave Great Bear Petroleum Operating LLC a permit to drill the Talitha No. 2 well in the central North Slope, south of Prudhoe Bay, along the Dalton Highway. The agency also gave Repsol E&P USA Inc. a permit....

  • DOI releases well control regulations - 04/19/2015  The Department of the Interior has published proposed new regulations for well control, for the drilling of offshore oil wells on the U.S. outer continental shelf. The proposed regulations, developed in the aftermath of the Deepwater Horizon disaster in the Gulf of Mexico, place stringent requiremen....


  • ConocoPhillips expects flat production - 04/19/2015  ConocoPhillips expects its oil production in Alaska to be flat over the near term, as increased development drilling and a slate of projects currently in development will offset “unmitigated” field declines to keep production levels “roughly flat” through 2017. If so, the next few years would be a....

  • Spring forecast drops oil prices further - 04/19/2015  The Alaska Department of Revenue's spring forecast, released April 3, reflects lower oil prices than the department forecast in its fall forecast, released in December. “The spring revenue forecast highlights the revenue uncertainties that are being created by the fall in oil prices and its impact....

  • SAExploration seeking storage site - 04/19/2015  SAExploration Inc. wants to use the Franklin Bluffs pad for summer storage. The seismic company wants to use 8 acres of the pad to store sleigh camps and seismic equipment, Permit and Regulatory Manager Suzan Simonds told the Alaska Department of Natural Resources in a land use permit application fr....

  • State finalizes AVCG deals on North Slope - 04/19/2015  The state recently finalized several lease transactions between Alaska Venture Capital Group LLC, its partners and a subsidiary and the companies of a three-party joint venture. The Alaska Department of Natural Resources approved the assignment of various working interests and royalty interests in a....

  • Judge issues Greenpeace restraining order - 04/19/2015  On April 11 Judge Sharon Gleason from the federal District Court in Alaska issued a temporary restraining order against Greenpeace, banning protesters from the environmental organization from boarding or otherwise interfering with the operation of drilling vessels under charter to Shell for the comp....

  • Selected trucks begin moving on Dalton - 04/19/2015  Alaska's rugged Dalton Highway reopened April 12 to limited traffic with 30 northbound trucks making the first crossing in a week to resupply Alaska North Slope oil fields. A 6-mile stretch near the northern end of the road just south of Deadhorse had been impassible for a week because of unprecede....

  • Stalling threatens Canadian economy - 04/19/2015  Bickering and indecision among Canadian governments must be set aside so that Canada's oil and gas producers can access offshore markets before those buyers turn their attention to other supply sources, said Brian Porter, chief executive officer of the Bank of Nova Scotia, one of Canada's five large....

  • Oil Patch Bits: Fairweather recognized at safety & health conference - 04/19/2015  Fairweather LLC was a presenter at the recent 2015 Alaska Governor's Safety & Health Conference, addressing relevant health, safety and environment topics and earning two significant HSE achievement awards. The conference, hosted by the Alaska Safety Advisory Council, was held at the Dena'ina Conve....

  • Oil Patch Bits: Crowley announces membership in the Trident Alliance - 04/19/2015  Crowley Maritime Corp. has announced its membership in the Trident Alliance, a coalition of shipping owners and operators that share a common interest in robust enforcement of existing maritime sulphur regulations. In joining, Crowley has signed a statement of commitment, certifying that the compan....

  • Oil Patch Bits: ASRC reaches historic revenue sharing milestone - 04/19/2015  For the first time since incorporation, Arctic Slope Regional Corp. has distributed in excess of 1 billion dollars to the other Alaska Native regional corporations as part of its 7(i) obligation. 7(i) distributions are made annually; a recent payout from ASRC was approximately $125 million. “Every....

  • 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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