State optimistic about new production 12/12/2010
Revenue forecast shows new production accounting for half of all production by 2020, including several year-over-year increases
The new production forecast released by the Alaska Department of Revenue on Dec. 3 includes an unusual feature: lines tilted upward. The state predicts daily North Slope oil production will rise year-...

No relief for pipeline owners 12/12/2010
DC court rejects challenges to FERC orders for lower trans-Alaska pipeline rates
A federal appeals court has soundly rebuffed efforts by owners of the trans-Alaska oil pipeline to overturn a regulatory decision that rolled back increases in their interstate shipping rates. In a D...

Big Oil resets sights on Gulf of Mexico 11/07/2010
Big Oil is ready to go back to work in the Gulf of Mexico, even with the U.S government promising to rule the waters with a heavier hand. Chevron, Exxon, Royal Dutch Shell are willing to endure the a...

Alyeska probe uncovers troubling pattern 09/05/2010
Internal review by operator of trans-Alaska oil pipeline after May accident notes several 'significant' incidents in past 3 years
The company that runs the trans-Alaska pipeline remains under federal investigation and is in the middle of major changes after an internal probe this summer raised serious concerns about how it handl...

Alyeska restarts trans-Alaska pipeline 06/06/2010
Line shut down May 25 after 5,000 barrels spill into containment area; production cut to 8%; line down for almost 80 hours
The operator of the trans-Alaska pipeline system said late Friday it has restarted the 800-mile line idled after a contained spill the week of May 24. The pipeline was shut down for 79 hours and 40 m...

Alyeska Pipeline target of 8 federal enforcement actions 06/06/2010
The operator of the 800-mile trans-Alaska pipeline is the target of eight pending federal enforcement actions that add up to more than $1 million in unpaid fines. Most of the enforcement actions th...

Exxon Mobil CEO says company helping BP 05/30/2010
The CEO of Exxon Mobil Corp. says the oil industry's biggest challenge is regaining public trust after the BP oil spill in the Gulf of Mexico. ExxonMobil's Rex W. Tillerson insisted that deepwater dr...

Key ARCO geologist Harry Jamison shares Prudhoe Bay discovery credit with Exxon 05/23/2010
Prudhoe Bay historians routinely identify H.C. "Harry" Jamison as the central figure for discovering Alaska North Slope oil. Jamison, then a young geologist with Richfield Oil Co. (predecessor to Atl...

Exxon relinquishes three PTU-area leases 05/16/2010
Exxon Mobil has relinquished three un-unitized leases bordering the Point Thomson unit on the eastern North Slope, according to state leasing records from April. The three leases - ADL 390311, ADL 390...