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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.
  • US takes crude lead - 09/23/2018 (Full story) The U.S. Energy Information Administration said Sept. 12 that the U.S. “likely surpassed Russia and Saudi Arabia to become the world's largest crude oil producer earlier this year.” In its September Short-Term Energy Outlook, posted Sept. 11, the EIA said U.S. crude oil production was estimated to....

  • EPA proposes change - 09/23/2018 (Full story) On Sept. 11 the Environmental Protection Agency announced a proposed new rule that would loosen the provisions in a rule implemented by the Obama administration in 2016, designed to reduce methane emissions from certain oil and gas operations. The 2016 rule came as one of a series of regulatory move....

  • Alberta refinery plan - 09/23/2018 (Full story) Two of China's state-owned industry giants, a Middle Eastern chemical company and a group of Alberta First Nations have teamed up with a Canadian engineering firm to revive plans for a bitumen refinery. The partnership of China Petroleum & Chemical Corp. (better known as Sinopec), China State Constr....

  • Good news for US. Alaska, global oil and gas companies, investment - 09/23/2018 (Login to read Full story) On Sept. 18, the U.S. Energy Information Administration published a report analyzing the financial and operating trends of 107 global oil and gas companies from 2013 through the second quarter of 2018. Based on information from the companies' filings with the Securities and Exchange Commission, the....

  • Railroads put squeeze on shippers - 09/23/2018 (Login to read Full story) Canadian National and Canadian Pacific, Canada's two largest railroads, are requiring oil shippers to sign long-term volume commitments of 12 to 24 months to secure space on their systems to bypass pipelines and access domestic and United States markets. Ghislain Houle, chief finance officer with CN....

  • Healy 2 power station online after GVEA repairs coal feed system - 09/23/2018 (Login to read Full story) Golden Valley Electric Association has announced that its Healy Unit 2 coal-fired power station is back on line, after lying idle since 2016 awaiting resolution of a design flaw. The Fairbanks-based utility says that plant has been operating at near-peak capacity since a restart on July 28. And, hav....

  • Mat-Su battles AGDC over site for LNG facility; urges FERC delay - 09/23/2018 (Login to read Full story) As the Alaska Gasline Development Corp. moves ahead with its plans for the Alaska LNG Project, with a schedule from the Federal Energy Regulatory Commission for a final decision, the Matanuska-Susitna Borough has intervened, and is asking FERC to delay decisions until Port MacKenzie has been adequat....

  • Alyeska looks to future - 09/23/2018 (Login to read Full story) In a talk to the Alaska Support Industry Alliance on Sept. 13, Tom Barrett, president of Alyeska Pipeline Service Co., commented on the steps that his company is taking to ensure that the trans-Alaska pipeline can continue to ship oil efficiently in the coming years. The pipeline forms the conduit f....

  • Kenai Pipeline Co files new tariff rates - 09/23/2018 (Login to read Full story) Kenai Pipeline Co., a subsidiary of Tesoro Alaska Pipeline Co. LLC, has filed a proposed postage stamp rate to replace four separate transportation tariffs in place since the 1990s for its Nikiski-area facilities. Tesoro Alaska and affiliates are the only shippers on KPL's facilities and the only en....

  • BLM proposes new waste prevention rule - 09/23/2018 (Login to read Full story) On Sept. 18, a few days after the U.S. Department of Energy proposed softening Obama era rules for reducing gas leakage from oil and gas wells and compressors, the Bureau of Land Management proposed rolling back the Obama administration's regulations aimed at limiting waste through the venting and f....

  • National rig count up 7 to 1055 - 09/23/2018 (Login to read Full story) The number of rigs drilling for oil and natural gas in the U.S. was up by seven the week ending Sept. 14 to 1,055. At this time a year ago there were 936 active rigs. Houston oilfield services company Baker Hughes reported that 867 rigs targeted oil (up seven from the previous week) and 186 targete....

  • NPR-A oil and its benefits to Alaska - 09/23/2018 (Login to read Full story) With much heightened interest in the development of significant new oil resources in the National Petroleum Reserve-Alaska, the question arises of how much financial benefit the state of Alaska will actually gain from the new oil production that ensues. Unlike in the oil fields of the central North....

  • RCA schedules 3 electric system meetings - 09/23/2018 (Login to read Full story) Ahead of preparing a report to the state Legislature on progress towards a more unified approach to managing the Railbelt electrical system, the Regulatory Commission of Alaska has scheduled three public meetings to review voluntary efforts by the Railbelt electric utilities to achieve some acceptab....

  • New federal methane hydrate research funds - 09/23/2018 (Login to read Full story) A package of funding measures passed by Congress and heading to President Trump for his signature includes $20 million for further research into the production of natural gas from methane hydrates, according to a Sept. 13 news release from Sen. Lisa Murkowski. Murkowski has also included wording in....

  • Oil Patch Bits: Lynden supports government and military projects - 09/23/2018 (Login to read Full story) Lynden said Sept. 13 that its companies have proudly served the federal government and the U.S. Department of Defense for decades by providing reliable transportation services, emergency aid, logistics planning and more via air, land and sea. “We offer one of the most logistically diverse transporta....

  • Trump panel wants changes in royalties - 09/23/2018 (Login to read Full story) A Trump administration advisory committee on Sept. 13 recommended a change in the way energy companies calculate how much money they owe taxpayers for pumping natural gas from public lands. But the U.S. Interior Department's Royalty Policy Committee first had to clear up an apparent misunderstandin....

  • 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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