30 STRONG: A tale of two leaks 10/14/2007
Emergency response quicker, more effective in 23 years between oil spills at Alyeska
In 30 years, Alyeska Pipeline Service Co. has only had to respond to oil spill emergencies caused by acts of sabotage against the trans-Alaska oil pipeline. The first incident occurred in the Steele C...

U.S. Gulf to get first FPSO 10/14/2007
Contracts include two oil shuttle tankers for 'ultra-deepwater' Cascade, Chinook discoveries; five years since MMS approved methods for use of floating production, storage, offloading systems
Some five long years have passed since the U.S. Minerals Management Service approved controversial rules and regulations governing the use of floating production, storage and offloading systems, known...

Crude oil prices up again as low dollar spurs buying 09/23/2007
Crude oil prices surged further into record terrain Sept. 20, breaching $83 a barrel as the weak dollar and some worrisome weather in the Gulf of Mexico spurred buying. Gasoline futures jumped as well...

Alaska gas line viable despite soft market 09/16/2007
Consumption of natural gas declines in United States, increases worldwide, says economist Mark Finley in presentation of BP report
U.S. natural gas consumption has declined for two consecutive years, but that doesn't necessarily mean chances for an Alaska gas pipeline are diminished, a BP economist said Sept.6. While nothing is...

Oil prices climb on supplies, violence 09/09/2007
Oil prices climbed Sept. 6 on reports of shrinking U.S. supplies of crude and gasoline, and as news of violence in the Middle East and rising tensions in Nigeria unnerved investors. The U.S. embassy i...

FTC finds no 2006 gasoline price fixing 09/09/2007
Market forces, not price gouging, caused the cost of gasoline to rise during the spring and summer of 2006, according to a report sent to President Bush Aug. 30 by federal antitrust regulators. The re...

Roller-coaster ride for Canadian gas 08/26/2007
Ziff Energy suggests producers shut in wells rather than continue storage injections; lower service costs yet to bolster activities
From the staggering heights of two winters ago, the Canadian natural gas industry has descended into one of the most stomach-churning periods in its history. As quickly as a glimmer of hope surfaces -...

EIA forecasts increasing oil, natural gas prices 08/19/2007
The U.S. Department of Energy's Energy Information Administration said Aug. 7 that significant crude oil price increases over the last two months are "the result of increasingly tighter world oil mark...

Herrera: Starks' novel keeps you guessing 08/19/2007
I enjoyed this book. It is a good, exciting read that should make everyone rethink their blind acceptance of their perceived right to cheap, plentiful gasoline and other petroleum products. But while...

A plague that makes no one sick 07/08/2007
This rather bleak novel is a thought-provoking account of 55 days of incipient anarchy and chaos. It takes place at the present time in the Washington, D.C., area and on the eastern seaboard of the Un...

Canada's trusts, juniors in a bind 06/24/2007
Pending final legislation on their tax status, Canada's income trusts struggling to attract investment; fallout impacting smaller firms
Income trusts are stuck in a holding pattern in Canada, with a spillover to the junior sector. Pending final legislation on their tax status, trusts are both struggling to attract investment and attem...

Canadian bank hit with trading losses 06/03/2007
Bank of Montreal, Canada's fourth largest bank, has been hit with natural gas trading losses of C$680 million, 50 percent more than its initial projection, forcing it to probe "potential trading irreg...

Alaska revenue outlook offers mixed bag 05/06/2007
State spring forecast calls for slow decline in oil prices, short-term increase in production and temporarily higher unrestricted revenue
Adhering to its trademark caution, the Alaska Department of Revenue has projected a drop in Alaska North Slope oil prices and a modest jump in ANS crude production for the coming year. In a semi-annua...

One tricky step to go 05/06/2007
Virginia makes Bush administration's proposed 2007-2012 offshore leasing program
For the first time in years, the U.S. government is proposing an offshore oil and gas lease sale in federal waters outside Alaska and the Gulf of Mexico. The distinction goes to the state of Virginia,...

MINING NEWS: Orca quarry on course to make a killing 04/29/2007
Polaris Minerals' project starts up successfully after construction workers battled through storms all winter on Vancouver Island
When Polaris Minerals developed its plan for the Orca quarry on Vancouver Island, the company expected that the initial market for the sand and gravel would be California, where demand for concrete is...

Cook Inlet gas market in transition for Enstar 04/29/2007
Gas deliverability challenges require close management of load balancing and a new look at gas supply contracts and arrangements
Although the escalating price of natural gas in Southcentral Alaska is providing gas consumers with some obvious evidence of gas supply constraints in the region, the hour-by-hour, behind the scenes j...