Copyright (c) 2009 Petroleum News, All rights reserved. http://www.petroleumnews.com Petroleum News, providing coverage of Alaska and Canada. en-us Fri, 03 Jul 2009 12:01 PST http://www.petroleumnews.com/pntruncate/729804110.shtml The state has approved formation of the Kitchen Lights unit in Cook Inlet, combining the Kitchen, Northern Lights and Corsair prospects. The 83,394-acre unit includes 40,733 acres from the Escopeta Oil Co. Kitchen unit, 15,930 acres from the Northern Lights prospect proposed for unitization by Rena... http://www.petroleumnews.com/pntruncate/684492318.shtml The Canadian government is keeping tight-lipped about whether it will ever provide loan guarantees for the Mackenzie Gas Project. Jim Prentice, the cabinet minister overseeing the project, told reporters the prospect of federal financial backing has not yet been part of the discussions with MGP prop... http://www.petroleumnews.com/pntruncate/203509159.shtml The world needs to achieve a balance between the use of traditional fossil fuels and new renewable energy sources, as the global community transitions into its energy future, David Lawrence, vice president, exploration, for Royal Dutch Shell, told a packed annual meeting of the Resource Development... http://www.petroleumnews.com/pntruncate/628610410.shtml The three major owners of the trans-Alaska oil pipeline have appealed a federal agency's order to charge shippers lower interstate rates for pumping oil through the 800-mile line in 2007 and 2008 and to refund the difference to the shippers. BP Pipelines (Alaska) Inc., ConocoPhillips Alaska and Exx... http://www.petroleumnews.com/pntruncate/832926533.shtml Canada will play ball with the United States on climate-change regulations to avoid crippling tariffs on its oil exports, but will continue to press its case in Washington for other clean-energy alternatives, Environment Minister Jim Prentice said. If the Waxman-Markey bill that squeaked through the... http://www.petroleumnews.com/pntruncate/827786576.shtml World oil demand is likely to grow by an average of 0.6 percent annually over the 2008-14 period, the International Energy Agency forecast June 29, revising its mid-term expectations downward amid the global recession. The Paris-based IEA, which advises oil-consuming countries, said oil demand woul... http://www.petroleumnews.com/pntruncate/832188072.shtml Alaska North Slope production was down 17.2 percent from May to June as the trans-Alaska oil pipeline took its first planned summer timeout for maintenance work June 20-21, with ANS production dropping below 300,000 barrels per day over that weekend. The June ANS production average was 591,666 bpd... http://www.petroleumnews.com/pntruncate/900837192.shtml A court case involving appeals by the North Slope Borough, the Alaska Eskimo Whaling Commission and several environmental organizations against U.S. Minerals Management Service approval of Shell's 2007-09 Beaufort Sea exploration plan came to a quiet end June 30 when a three-judge panel in the U.S.... http://www.petroleumnews.com/pntruncate/884879963.shtml Once a global beacon of oil and natural gas investment stability, Alberta is making frantic efforts to regain that reputation by trying to arrest the plunging fortunes of an industry that gave it 12 straight years of surplus budgets and wiped out a provincial debt of C$23 billion. The new royalty fr... http://www.petroleumnews.com/pntruncate/840598985.shtml Sempra LNG is on a run of good news, with its $900 million terminal on the Gulf of Mexico about ready for commercial operations, a contract with Qatar for deliveries to that terminal, and the startup of the BP-led Tangguh LNG plant that will supply gas to Sempra's West Coast port later this quarter.... http://www.petroleumnews.com/pntruncate/718873273.shtml Spending to date by the BP-ConocoPhillips Denali gas pipeline project totals $100 million, Denali President Bud Fackrell told Alaska legislators at back-to-back House and Senate hearings June 23 in Anchorage. That amount includes $55 million spent last year and $45 million so far this year, Fackrell... http://www.petroleumnews.com/pntruncate/894553095.shtml The Alaska Department of Natural Resources said June 26 that it is extending the public comment period for the preliminary best interest finding for proposed Beaufort Sea areawide oil and gas lease sale 2009. DNR's Division of Oil and Gas issued the preliminary finding in April, with comments due Ju... http://www.petroleumnews.com/pntruncate/27341228.shtml Alaska Sen. Lisa Murkowski has been picked by fellow Republican senators as vice chairman of the Senate Republican Conference. It's the fifth-highest GOP leadership position in the Senate. Murkowski says in a release that she will be the only West Coast senator on the leadership team. She says it wi... http://www.petroleumnews.com/pntruncate/259804323.shtml Rain for Rent said June 25 that its established line of self-priming pumps has expanded with the latest innovation in high efficiency engineering, the DV300c Electric. With a remarkably high flow rate, up to 10,000 GPM, the 12-inch DV300c-E Power Prime Pump, sold and rented by Rain for Rent, handles... http://www.petroleumnews.com/pntruncate/469009824.shtml URS Corp. said June 2 that it has been selected by the Department of Veterans Affairs to design gravesite development and cemetery improvements at the Jefferson Barracks National Cemetery in St. Louis, Mo. The Jefferson Barracks Cemetery, designated a national cemetery in 1866, consists of 331 acres... http://www.petroleumnews.com/pntruncate/963074638.shtml Crowley said June 25 that three of its vessels and their crews were recently awarded the 2008 Jones F. Devlin awards at the Chamber of Shipping of America's annual safety awards luncheon for operating more than two years without a lost-time incident. The Crowley ATB Sea Reliance, ATB Sound Reliance... http://www.petroleumnews.com/pntruncate/405391784.shtml Exxon Mobil Corp. said June 29 it won't appeal nearly $500 million in interest that a court recently ordered it to pay to Alaska fishermen, business owners and others harmed by the 1989 Exxon Valdez oil spill. Exxon said it will pay $470 million in interest on the $507.5 million in punitive damages... http://www.petroleumnews.com/pntruncate/829277273.shtml The Federal Energy Regulatory Commission issued an order June 30 denying a rehearing request filed in December by three owners of the trans-Alaska oil pipeline. The carriers - ConocoPhillips Alaska, ExxonMobil Pipeline Co. and Unocal Pipeline Co. - sought the rehearing in December because they objec...