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MINING NEWS: Most exciting industry developments in a decade highlight '07 Alaska Miners Convention 11/25/2007
For those of you who could not attend the Alaska Miners Association convention in Anchorage in early November, you missed what I understand was a record attendance and presentations on some of the mos...
MINING NEWS: Fort Knox mine to add jobs, equipment 11/25/2007 Army Corps OKs new heap leach facility; improved operations, exploration will boost yearly production and extend life of project
Between phase 7 of its exploration program, a new heap leach facility and an extended mine life, Fairbanks Gold Mining Inc. is ramping up activity to boost production more than 6,000 ounces annually a...
Oil futures jump on dollar Fed forecast 11/25/2007 Crude oil prices approach $100 a barrel after U.S. dollar hits new low, talk Federal Reserve will cut interest rates again
Oil prices resumed their march toward $100 Nov. 20, rising to records over $98 a barrel as futures drew strength from a declining dollar, news of refinery problems and speculation that the Federal Res...
Climate change takes U.S. center stage 11/25/2007 Consultant: Climate change, energy security concerns setting the agenda for U.S. government energy policy; could favor NS gas line
There was a time not too long ago when the forces that guided what passed for a U.S. energy policy in the corridors of Washington, D.C., could be summed up as a three-statement mantra: maximize supply...
Tupi find has Brazil considering OPEC 11/25/2007
Brazil is to consider joining OPEC after it has gauged the impact on its oil exports from its newly discovered giant offshore Tupi oil field, the country's ambassador to Saudi Arabia said Nov. 16.
Is...
Canada lags behind emissions target 11/25/2007
The Canadian government will fall far short of its own 2020 target of reducing greenhouse gas emissions by 20 percent from 2006 levels, the government's own energy regulator predicts.
Even with bold m...
Ecuador's president urges political role for OPEC 11/25/2007
Ecuadorean President Rafael Correa, in his first public speech since his country's official re-entry into OPEC, said Nov. 18 that the 13-nation oil producer group must take on a more political role an...
Administration wins on tax increase 11/25/2007 Gov. Sarah Palin gets 25% tax requested in ACES, Democrats get standard deduction; level of continuing investment the worry
An expected Nov. 16 knuckle-biter finish to the Alaska Legislature's 30-day special session never materialized.
The Senate completed most of its work on the bill changing state's oil and gas producti...
Chamber report issues energy wakeup call 11/25/2007 Business group calls for fiscal, energy strategies to meet short- and long-term needs of Alaska economy, beleaguered residents
Getting a grip on Alaska's energy outlook and developing a successful strategy to meet the needs of Alaskans now and in the future is the subject of a new 11-page report published by the Anchorage Cha...
THE EXPLORERS 2007: Exploring on pause, development on go 11/18/2007 Pioneer focusing on Oooguruk development, Cosmo delineation; exploration still on hold due to disappointing results, concern about Alaska's tax regime
Dallas-based Pioneer Natural Resources has no immediate plans to resume its Alaska oil and gas exploration program, Timothy Dove, Pioneer's president and chief operating officer, said on Sept. 27, 200...
THE EXPLORERS 2007: Laird: Alliance members 'make the investments work' 11/18/2007
When it comes to Alaska's oil and gas industry, there's one thing on which we all seem to agree - Democrats and Republicans, the governor and the Legislature, industry friends and foes, business peopl...
THE EXPLORERS 2007: Banks sees partnership of equals 11/18/2007
Much has been made this last year about the relationship between state government and Alaska's oil and gas industry. Many of you in the business community have no doubt heard and maybe repeated rumors...
Solving Cook Inlet's gas conundrum 11/18/2007 Region needs gas for foreseeable future; gas exploration, gas storage, North Slope gas, LNG all factor into energy supply options
The days of an overabundance of cheap natural gas from Cook Inlet basin may be over, but Southcentral Alaska needs reliable gas supplies for years to come was a recurring theme during the first day of...
TransCanada rethinks nuclear future 11/18/2007
Against a background of bullish talk by France's state-owned nuclear energy conglomerate about the potential for nuclear reactors in Alberta, utility powerhouse TransCanada is having second thoughts a...
Alaska's PSIO completes staff hiring 11/18/2007
The Petroleum System Integrity Office has completed its recruitment efforts, PSIO Coordinator Jonne Slemons told Petroleum News Nov. 14.
Slemons said Dan Rice, PE, was hired in July as PSIO's lead te...
Close, but no cigar: Oil price falls on OPEC, CPI and jobs reports 11/18/2007
Perhaps the biggest reason oil recently came within a couple of dollars of $100 a barrel can be found in places like China, where roads that were full of bicycles 15 years ago are now choking with car...
Investment at risk 11/18/2007 Oil company execs says consequences dire if Alaska hikes taxes again
Investment in Alaska is in jeopardy if the state's oil production tax is overhauled in such a way that it significantly increases the State of Alaska's take, oil company executives told attendees of t...
Team investigates Barrow gas hydrates 11/11/2007 East Barrow and Walakpa fields may have gas hydrate resources that are maintaining reservoir pressures after years of production
For most Alaska rural communities escalating fuel costs have been triggering a crisis that threatens the continued economic viability of rural life. But not so Barrow, located at the northwest end of...
ANGDA promotes in-state gas options 11/11/2007
Far from special legislative session debates over the troubled PPT, the Alaska Natural Gas Development Authority is quietly focused on making North Slope natural gas available to Alaska residents, uti...
Where from here on Arctic energy? 11/11/2007 Arctic Energy Action Team will prepare roadmap of international issues relating to extractive, renewable, rural energy in the north
Whether it's offshore oil and gas development, skyrocketing fuel costs in rural communities or the development of renewable energy sources, it seems that there's no shortage of issues that relate to t...
PETROLEUM DIRECTORY: New Rain for Rent sound-attenuated pump 11/04/2007
High efficiency pumping, low maintenance cost and 72 dB(A) sound attenuation are the three greatest features of Rain for Rent's SA DV-150i portable pumping unit.and#8194; The DV-150i handles solids up t...
PETROLEUM DIRECTORY: Colville launches White Night for offshore logistics 11/04/2007
The White Night is a high-performance work boat, named for the midnight sun of the Arctic, where Colville will station it for "bare boat" charters beginning in August.and#8194; The 32 foot customized Bo...
PETROLEUM DIRECTORY: Bob Cox joins Crowley as GM 11/04/2007
In July Crowley Maritime Corporation announced that Bob Cox had joined the company's petroleum distribution group as general manager. Cox is domiciled in the company's Anchorage office and reports t...
Wainwright test well finds gas 11/04/2007 Coalbed methane resource could provide long-term power for the Alaska village if extraction proves economically feasible
A multi-year U.S. Department of the Interior Alaska Rural Energy Project which has been searching for coalbed methane near rural Alaska villages hit pay dirt in June and July when a test well at the C...
MINING NEWS: Andover looks at Sun, beyond 10/28/2007 Young company gains significant hold on mining properties across Alaska; focuses on 'world-class' deposit in Ambler district
Vancouver-based Andover Ventures Inc. launched an aggressive acquisition and exploration campaign when it entered Alaska in the spring of 2006, starting with a $42 million deal with Full Metal Mineral...
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