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...

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...

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...

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,...

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...

PETROLEUM DIRECTORY: Trinity Inspection Services, LLC, to establish Anchorage, Alaska, office 04/08/2007
With a dedicated team of NACE and AWS-CWI inspectors, Trinity offers quality visual inspection services that provide value long after projects are completed
Q. When was the company founded, who founded it, and what was its original name? ? A. Trinity was founded in 1999 as Trinity Consulting and Inspection Services by Joe Gibbs and two other partners. In 2...

Shell wins NOIA 2007 Safety in Seas Award 04/01/2007
Shell Exploration and Production Co. was awarded the 2006 National Ocean Industries Association Safety in Seas Award on March 29, recognizing the company's "outstanding contribution to the safety of lif...

Shifting boundary line for Gulf sales 01/07/2007
Minerals Management Service to include former some or all of 2 million acres of Eastern Gulf of Mexico tracts in fall lease sale
The U.S. Minerals Management Service has carved out the first 2 million acres of 8.3 million acres that Congress set aside for future oil and gas lease sales in the Eastern and Central Gulf of Mexico....

Oil firms try to 'speed up' recruiting 12/24/2006
On your mark! Get set! ... "Have you ever searched for oil under the ocean floor, or helped create products to improve fuels and lubricants? Hurry now, the clock's ticking." Not your typical job inte...

GOM energy act passes 12/17/2006
8.3M exploration acres opened in eastern Gulf of Mexico; industry reaction mixed
The Republican-led Congress, before turning over the reins to the Democrats, passed 11th hour legislation opening an additional 8.3 million acres in the eastern Gulf of Mexico to oil and gas explorati...

Central Gulf Lease Sale 201 canceled 10/29/2006
Department of Interior halts all offshore oil and gas lease sales to assess hurricane damage, industry impacts on Louisiana's coast
There will be no more oil and gas lease sales in federal waters of the Gulf of Mexico until an Environmental Impact Statement is prepared that takes into account the effects of hurricanes Katrina and...

Oil prices offset production decline; gas prices 25% higher than in early July 08/06/2006
Oil prices climbed in early August as energy traders kept an eye on supply threats ranging from a tropical storm in the Caribbean to fighting in the Middle East. Natural gas futures gave up more than...

Oil Patch Insider 07/09/2006
Allies do battle over Arctic gas
If it's not war it sure has the smell of something intense. Petro-Canada and Canadian Oil Sands Trust, both partners in the Syncrude Canada consortium, are pulling out all stops to land the Arctic n...

Energy Partners $2.2B bid trumps Plains 06/25/2006
Small EandP independent agrees to acquire troubled Stone Energy following bidding war with upwardly mobile, Houston-based Plains
Energy Partners Ltd, a small exploration and production independent in a hurry to get bigger, has agreed to acquire troubled Stone Energy for $2.2 billion in cash, stock and debt assumption, following...

MMS director scolds industry 05/21/2006
Burton blames errant rig anchors for major pipeline damage in Gulf of Mexico; no lives lost, no major pollution from offshore facilities, and sub-sea values held
U.S. Minerals Management Director Johnnie Burton is clearly unhappy with the damage caused by drilling rigs set adrift in the Gulf of Mexico during last year's devastating hurricanes. Moreover, the di...

EIA expects $68 oil this year, next 05/14/2006
Agency says less chance for significant improvement in world petroleum supply and demand due to steady demand growth
The U.S. Department of Energy's Energy Information Administration said May 9 that "prospects for significant improvement in the world petroleum supply and demand balance appear to be fading." The age...

Support builds for U.S. offshore drilling 05/07/2006
Two-thirds of comments on MMS' 5-year plan favor opening more of U.S. OCS to drilling; eastern Gulf of most interest to industry
Opening more of the U.S. offshore to exploration and development is clearly gaining momentum across America, according to recent opinion surveys and thousands of public comments submitted in response...