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  • Big acre sales - 11/23/2014 (Full story) Nov. 19 saw four oil and gas lease sales in Anchorage — three state and one federal — with companies submitting bids on 708,346 acres. The state's North Slope areawide sale drew the most interest, attracting 297 bids on 254 tracts, 524,387 acres, making it the fourth largest since areawide sales beg....

  • AIDEA selling jack-up - 11/23/2014 (Full story) The Alaska Industrial Development and Export Authority is selling the Endeavour drilling rig after failing to secure a long-term charter in Cook Inlet for the jack-up rig. The public corporation is selling its stake in the rig to its two partners, the Singapore-based Ezion Holdings Ltd. and the Ezio....

  • Mission difficult more so - 11/23/2014 (Full story) Janet Holder, after three years of riding the stormy seas at the helm of Enbridge's Northern Gateway project, has decided to end her 20 years at Enbridge on Dec. 31 and retire to “focus on my family and my personal health.” The unspoken message is that she is tired of defending the indefensible and....

  • State approves Placer expansion - 11/23/2014  After a lengthy and complicated appeals process, the state is reversing an earlier decision and allowing ASRC Exploration LLC to expand the Placer unit on the North Slope. The ruling requires the exploration arm of Arctic Slope Regional Corp. to file a new plan of exploration by the end of the year,....

  • Linc still mulling Umiat sale - 11/23/2014  Linc Energy Ltd. is still considering offers to sell the Umiat oil field. The Australian independent “continues to engage with these parties while pursuing its permitting and development plans for the field,” according to recent quarterly filings. In September, the company launched “a formal process....

  • Rodell: Long-term view needed for LNG - 11/23/2014  Revenue Commissioner Angela Rodell says one financial decision for the state may have a stronger link to another than what may first appear. But these choices, she says often can stand on their own to address certain market forces like declining oil prices. Rodell sat down with Petroleum News and sp....

  • Imperial puts dent in crown - 11/23/2014  Imperial Oil has become Canada's largest integrated oil company by following the lead of its ExxonMobil parent and acting only when it is certain all of the bases have been covered and refusing to run with the herd. That has seen Imperial puzzle many industry observers by taking a measured, plodding....

  • SAExploration planning big spend - 11/23/2014  The seismic firm SAExploration Holdings Inc. plans to spend $20 million on equipment for its Alaska operations during the fourth quarter, the company said in recent filings. In June 2014, the Houston-based company announced plans to sell up to $150 million in senior secured notes to repay certain de....

  • AP declares for Walker; Parnell concedes - 11/23/2014  As votes continued to be counted in Alaska's gubernatorial contest, the Associated Press declared challenger Bill Walker the winner and Gov. Sean Parnell conceded the election. As of Nov. 17, ballots had been counted for 55.98 percent of 509,011 registered voters. The nonaligned “unity” ticket of B....

  • NOAA publishes AK oil spill risk report - 11/23/2014  Since the 1989 Exxon Valdez disaster fouled the pristine environment of Alaska's Prince William Sound, the possibility of another offshore oil spill calamity has become a subject of sometimes heated debate, as well as being a major factor in the slowing of new moves to explore in the seas around the....

  • EPA emissions rule comes under scrutiny - 11/23/2014  Following the early June release of the Environmental Protection Agency's proposed new rule for curtailing carbon dioxide emissions from U.S. power generation plants, people have been trying to assess the potential impact of the rule on how electricity is generated, distributed and used. In Alaska t....

  • PrairieSky widens horizon - 11/23/2014  PrairieSky Royalty — the Encana spinoff which collects royalties from producers who extract oil and natural gas on lands where it owns mineral rights — is in full flight. Just six months after being created it has struck a C700 million deal to take over Range Royalty, a limited partnership, adding....

  • Ready for some heavy lifting - 11/23/2014  For all of the question marks swirling around the near-term prospects for Western Canada's heavy crude, operators show no signs of taking a time out. Cenovus Energy and Devon Energy are both ready to take advantage of regulatory approvals for two oil sands projects and junior producer BlackPearl Res....

  • ConocoPhillips asking for target practice - 11/23/2014  In an unexpected byproduct of increased development, ConocoPhillips Alaska Inc. is asking for permission to use two North Slope gravel mines as temporary shooting ranges. The company recently applied for a land use permit to use Mine Site C and Mine Site E for summer target practice. “(ConocoPhilli....


  • Third oil delivery from Arctic offshore - 11/23/2014  Russian oil and gas company Gazprom Neft has announced the third delivery of crude oil from the Prirazlomnoye field, offshore in the Pechora Sea. An ice-class oil tanker delivered the oil from the field's concrete and steel walled platform “to consumers in northwest Europe,” Gazprom has said. The fi....

  • State files opposition to US water rule - 11/23/2014  The state of Alaska has submitted comments opposing a proposed Environmental Protection Agency rule defining “the Waters of the United States” under the Clean Water Act. The state, saying that the rule would unlawfully place most of Alaska's waters and lands under the control of the EPA and the Army....

  • BP using robotics for EOR rock tests - 11/23/2014  According to a BP newsletter the company has implemented a robotic system for testing enhanced oil recovery, or EOR techniques, for increasing oil recovery rates from oil fields. There are a variety of methods that can be used to entice as much oil as possible into production wells from reservoir ro....

  • Oil Patch Bits: Pacific Alaska Lumber brings Zigma to Alaska - 11/23/2014  “Pacific Alaska Lumber has signed an agreement with Zigma Ground Solutions”, said John Horjes, PAL director of business development. “PAL is the newest North American distributor, and will stock ‘TuffTrak XL' and ‘Liberty mats' in Seward, Alaska.” The Seward facility is “multifunctional,” providing....

  • Oil Patch Bits: Calista Corp. provides first-ever fund dividend - 11/23/2014  Calista Corp.'s board of directors has approved the first-ever Akilista Fund dividend. The total distribution is $1.62 million. This investment fund distribution supplements dividends based on Calista's operations. Including Calista's operational dividend mailed in April, the total dividend for the....

  • Sharp decline in polar bear population - 11/23/2014  An international team of scientists led by researchers from the U.S. Geological Survey has found that the polar bear population in the southern Beaufort Sea declined by about 40 percent between 2001 and 2010, the USGS has reported. The scientists attribute much of the decline to a low survival rate....

  • Mining News: Province seeks river pact with Alaska - 11/23/2014 (Full story) To further strengthen neighborly bonds, British Columbia Minister of Mines Bill Bennett met with miners, fishermen, legislators and state regulators during an early November trip to Alaska. “I hope, and I believe, that we will be able to continue to work closely with Alaska on all of the issues that....

  • Mining News: NANA reflects on 25 years of Red Dog - 11/23/2014 (Full story) 2014 marks the 25-year anniversary of the Red Dog Mine in Northwest Alaska being among the largest producers of zinc on the planet. For the more than 13,600 Inupiat who are shareholders of NANA Regional Corporation, owners of the land where Red Dog is found, this world-class mine's success is measur....

  • Mining News: Global exploration spending slips again - 11/23/2014 (Full story) As the year winds down, financial information has begun to trickle in quantifying just how tough 2014 was on the mining industry. Industry analyst SNL Metals & Mining announced that the total estimated global budget for nonferrous metals exploration dropped another 25 percent in 2014, to US$11.36 bi....

  • Mining News: Miners hear review of ANCSA history - 11/23/2014 (Full story) The following summary overview of the history of the Alaska Native Claims Settlement Act was presented at the Alaska Miners Association Convention held in Anchorage earlier this month as part of the celebration of the association's 75th anniversary. The history of ANCSA is rooted in the occupancy of....

  • Mining News: CEO eyes plan for Carmacks by year's end - 11/23/2014  Harlan Meade, Ph.D. is a member of a very exclusive club – professional miners who have shepherded multiple Yukon Territory mines and mining projects through the rough patches of development to production or near-production. First, with Yukon-Zinc Corp.'s currently producing 1,700-metric-ton-per-da....

  • Mining News: Areva submits final EIS for Kiggavik - 11/23/2014  Areva Resources Canada has submitted the final environmental impact statement for its Kiggavik Project to the Nunavut Impact Review Board, outlining an ambitious uranium mine project, potentially the first of its kind in Nunavut. Located 80 kilometers (50 miles) west of Baker Lake, Nunavut, Kiggavi....

  • Mining News: Ucore reports Bokan HREE processing win - 11/23/2014  In the race to deliver heavy rare earth metals to western markets, Ucore Rare Metals Inc.'s Bokan Dotson-Ridge property in Southeast Alaska may sprint to the front of the pack with the help of an award-winning industrial process. Ucore recently completed a successful test in which it produced a hea....

  • Mining News: Alaska Miners Association turns 75 - 11/23/2014  Valued at US$4 billion per year, Alaska's mining industry is as healthy as it has ever been. Much of this success is owed to the Alaska Miners Association, which celebrated its 75th anniversary during its annual convention and trade show held in Anchorage Nov. 3-9. The anniversary event also highlig....

  • 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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