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Below are articles from this week's edition of Petroleum News. Subscribers must log in above to view the complete articles. Subscribe now for full access.
  • BP on energy trends - 03/25/2018 (Full story) BP's 2018 Technology Outlook report, published recently, presents the results of studies into potential energy trends through to 2050 conducted by BP and eight partner organizations from research institutes. The report sees a future in which natural gas will play a key role, coupled with the growing....

  • BC LNG precarious - 03/25/2018 (Full story) Whatever the socialist New Democratic Party government of British Columbia might proclaim about its support for LNG development, it is at the mercy of B.C.'s Green Party, whose three elected legislators in an 87-member assembly wield disproportionate clout. That mathematical reality shapes the think....

  • Price up, production down - 03/25/2018 (Full story) The Alaska Department of Revenue highlighted changes in the spring revenue forecast from its fall forecast, including lower production for fiscal year 2018 — but a higher Alaska North Slope oil price for most of the 10-year forecast period — and lower expected North Slope operating and capital expen....

  • Final approval issued for Oil Search; Climate change writer in Nuiqsut? - 03/25/2018 (Login to read Full story) Oil Search, Alaska's newest oil and gas player, has received its final regulatory approval connected with the company's acquisition of an interest in Armstrong Energy's Pikka and Horseshoe leases on the western North Slope. The approval, effective March 15, came from Alaska Department of Natural Res....

  • Furie plans Kitchen Lights well work - 03/25/2018 (Login to read Full story) Furie Operating Alaska is planning a workover of the Kitchen Lights unit No. 3 well and the completion of the Kitchen Lights unit No. A-1 well in its Kitchen Lights gas field in the coming couple of months or so, Bruce Webb, Furie senior vice president, told Petroleum News in a March 19 email. The w....

  • State publishes credit payments totaling $75.4 million for 2017 - 03/25/2018 (Login to read Full story) For the second year the Alaska Department of Revenue has released the names and amounts of those from whom the department purchased transferable oil and gas tax credits in the preceding calendar year. The release is based on a requirement in House Bill 247, passed in 2016, that added an annual repo....

  • RCA grants permit for Cook Inlet pipeline - 03/25/2018 (Login to read Full story) The Regulatory Commission of Alaska has issued a temporary construction permit to Hilcorp Alaska subsidiary Cook Inlet Pipeline Co. for the laying of the subsea Tyonek W 10 gas pipeline in Cook Inlet between the Tyonek platform and Ladd Landing on the west side of the inlet. The pipeline comes as pa....

  • Dio new chairman, president of BP America - 03/25/2018 (Login to read Full story) BP has named Susan Dio chairman and president of BP America Inc., succeeding John Minge, who will move to chair a study by the National Petroleum Council. Dio, a chemical engineer by training, has been chief executive of BP Shipping for the past three years, BP said in a March 20 statement, leading....

  • DNR evaluating Nenana exploration license - 03/25/2018 (Login to read Full story) The Alaska Department of Natural Resources, Division of Oil and Gas, said March 15 that it intends to evaluate an oil and gas exploration license proposal for the Nenana area. The division put out a call for proposals for oil and gas exploration licenses in the Nenana area in January, following a pr....

  • Interior considers reorganization - 03/25/2018 (Login to read Full story) The U.S. Department of the Interior is planning a re-organization aimed at improved permitting efficiency, Interior Secretary Ryan Zinke told the U.S. House Committee on Natural Resources on March 16, when responding to questions on the proposed new budget for his department. The idea is to establis....

  • DNR wants protective order authority - 03/25/2018 (Login to read Full story) The Alaska Department of Natural Resources has a backlog of royalty audit disputes awaiting agreement on sharing of confidential data and is asking an authority, similar to that which the Department of Revenue has, for the commissioner to issue protective orders. The companion bills, House Bill 330....

  • Court rejects motions to dismiss OCS case - 03/25/2018 (Login to read Full story) A judge in the federal District Court in Alaska has rejected motions to dismiss a court case challenging President Trump's order canceling President Obama's withdrawal of large areas of the Chukchi and Beaufort seas from oil and gas leasing. In October the state of Alaska and the American Petroleum....

  • Work moves ahead at Nicolai Creek field - 03/25/2018 (Login to read Full story) Aurora Exploration is moving ahead with planned development activities in its Nicolai Creek gas field on the west side of Cook Inlet. The company completed the purchase of the field from the bankrupt Aurora Gas at the beginning of January (Aurora Exploration and Aurora Gas are completely separate co....

  • DNR updates legislature on AKLNG work - 03/25/2018 (Login to read Full story) The Alaska Department of Natural Resources is working with the Alaska Gasline Development Corp. on the Alaska LNG project, Commissioner Andy Mack told the Senate Resources Committee March 21, but on a smaller scale than during the producer-led AKLNG project. Mack said that when he became commission....

  • Alyeska has 22 million cyberattacks a day - 03/25/2018 (Login to read Full story) Alyeska Pipeline Service Company's chief information officer said his team fights off about 22 million cyberattacks per day. Bill Rosetti said that at the Anchorage headquarters for the trans-Alaska pipeline, his team is kept busy by mass, automated attacks — often from servers overseas, Alaska's E....

  • Feds reconsidering critical habitat rule - 03/25/2018 (Login to read Full story) The federal government is reconsidering its rules for designating critical habitat under the Endangered Species Act, the Alaska Department of Law has announced. The reconsideration follows a November 2016 lawsuit in the U.S. District Court for the Southern District of Alabama, in which Alaska and 19....

  • BSEE announced improved inspection efficiency - 03/25/2018 (Login to read Full story) The Bureau of Safety and Environmental Enforcement has announced efficiency improvements that will enable increased offshore facility inspection time while also reducing the cost of the inspection program. Starting at the beginning of April, the agency's inspectors will access offshore electronic re....

  • Petroleum News also offers a News Bulletin Service.
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    Note: Unlike Petroleum News, the News Bulletin Service covers Alaska only; delivering important oil and gas news as it breaks.

  • Interior releases final well control regulations 04/14/2016
  • RCA approves ML&P, Chugach Electric gas field purchase 04/22/2016
  • ExxonMobil starts Point Thomson production 04/22/2016
  • Court rejects appeal against Shell air permits 12/26/2012
  • Furie permitting Kitchen Lights development 12/05/2012
  • Conoco applies for Bear Tooth permit 12/03/2012

    The eAlert News Bulletin Service is our premier information service. Often delivered multiple times per week by email, it provides the latest breaking news for the oil and gas industry.

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