6-26-17 More Detail On BP’s Global Energy Review

Continued Today From Our 6-19-17 Posting: BP’s Global Energy Review Damian Bilbao, BP Alaska Exploration, Inc., Global Energy Review 2017 Stay tuned for more on Damian Bilbao's presentations yesterday to the Anchorage Chamber of Commerce and the World Trade Center-Anchorage on BP's Statistical Review.    -dh Energy markets in transition: BP Statistical Review shows long-term shifts underway Strong oil demand and weaker supply growth rebalance oil markets; inventories continue to weigh on oil prices Energy mix shifting; rising renewable energy offsetting steep falls in coal use  Carbon [...]

6-19-17 BP’s Global Energy Review – Alaska Meetings

2017 BP Energy Report - Briefing & Reception - 6-26-17 - Anchorage | World Trade Center Members (BECOME A MEMBER) Mark Finley. Northern Gas Pipelines file photo by Dave Harbour BP's Market Expert Returns to Alaska This Month For Much Anticipated Global Energy Review BP's General Manager of Global Energy Markets, Mark Finley, will be briefing Alaskans again this month on the company's outlook for energy markets.  We've attended his appearances over the years and encourage readers to hear Mark's review at one of his appearances. [...]

6-18-17 Alaska LNG Project “Open Season”?

State open season for AK LNG Project.  It’s open season for the Alaska Gasline Development Corp. That’s not to be confused with open... Read More Alaska LNG Project Open Season Observations by Dave Harbour  After reviewing the story above, our critical thinking readers will no doubt be wondering if the term "open season" applies to a normal pipeline expansion or new pipeline process conducted by sponsors with shareholder skin in the game vs. the most expensive pipeline/LNG project in history, owned by a fiscally irresponsible state government, administered by temporary bureaucrats, approved/curtailed [...]

5-17-17 Alaska LNG Project: Not Now Says Expert

From Suzanne Downing's Must Read Alaska: Larry Persily to Alliance: Skeptical on Gasline Larry Persily, chief of staff to Kenai Peninsula Borough Mayor Mike Navarre, spoke to the Alaska Support Industry Alliance on May 11. Persily is a former deputy commissioner of the Department of Revenue and was the coordinator for the Federal Office for Alaska Gas Line Projects. Must Read Alaska asked him for a copy of his speech, which those pondering our state’s massive proposed gasline project may find insightful: Larry Persily. Northern Gas Pipeline file photo by Dave Harbour It’s [...]

By |2017-05-17T14:05:10-09:00May 17th, 2017|AGDC, FERC, Interstate Gas, Intrastate Gas|0 Comments

5-16-17 MOVING NEB TO OTTAWA “DUMB” – Congress Wants Your Input On Bad Natural Resource Policy!

Moving the NEB from Calgary to Ottawa Hurts Consumers, Taxpayers and Also Moves Canada Closer to Socialism by Dave Harbour Christiana Figueres, former executive secretary of U.N.’s Framework Convention on Climate Change, admitted that the goal of environmental activists is not to save the world from ecological calamity but to destroy capitalism. “This is the first time in the history of mankind that we are setting ourselves the task of intentionally…to change the economic development model that has been reigning…since the Industrial Revolution,” she said. Moving the [...]

5-2-17 Citizens React To Alaska Oil & Gas Tax & LNG Issues

Marleanna Hall, Executive Director, Resource Development Council for Alaska. Northern Gas Pipelines file photo by Dave Harbour Late yesterday we heard from two longtime readers.   Carl Portman sent us Marleanna Hall's testimony and his own, on pending oil tax legislation; and, former Attorney General John Havelock sent us a response to our Sunday commentary on government ownership of energy projects.   We respect and appreciate the critical thinking of our readers!   We appreciate our readers who send important industry data for us to safeguard in our [...]

5-1-17 May Day For Socialist Rallies – Our Most Important Monday Morning Energy Links!

AGDC shares new plans for LNG pipeline Representatives of the Alaska Gasline Development Corporation were in Nikiski on Wednesday evening to present a state-led pipeline mega-project… See our commentary yesterday, re: Alaska's Socialist LNG Project! Oil prices shrink budget gap, but lawmakers remain far apart The state’s budget problem is shrinking, but it may not be enough to resolve differences between the Senate and House. New projects could add 100K barrels by 2021, but some are questionable Large Alaska oil discoveries announced in the last two years are creating [...]

4-30-17 Alaska’s Government Owned LNG Scheme Determined To Begin Construction, Early 2019

Alaska LNG Project Update by Ben Boettger, Peninsula Clarion AGDC, a state-owned corporation, was a 25 percent partner in the previous plans to build an approximately 800-mile pipeline to move liquified natural gas (LNG) from the North Slope to an export terminal in Nikiski. After the project’s other partners — oil companies BP, Exxon Mobile, and ConnocoPhillips — decided not to invest in it after an unfavorable economic analysis in September 2016, the state became the sole participant in Dec. 2016. On April 17, AGDC filed an application for the [...]

4-21-17 Arctic (And Other Energy) Conferences!

Yesterday, we advised readers about two upcoming conferences, one in Inuvik, NWT and one in Anchorage.  Below, we alert readers to consider several more!  -dh Enjoy The Kentucky Derby Spirit With An Alaska Railroad Twist! Alaska's Energy and Minerals Sector Could Interface With Other Constituent Businesses In A Great Atmosphere.  Join Us Next Week!  -dh On Friday, April 28, 2017, the Anchorage Chamber of Commerce invites our readers to come aboard the Annual Anchorage Chamber Train Ride, held from noon to 4:30 p.m., on the Alaska Railroad passenger train. This [...]

4-13-17 BP Alaska Exploration President Outlines Company’s Alaska Investments In Spite of Low Oil Price Environment

Announcement from Janet L Weiss, President, BP Alaska Exploration, Inc.   Janet L. Weiss. Northern Gas Pipelines file photo by Dave Harbour. Last week, BP issued its 2016 Annual Report and the required 20-F form submitted to the US Securities and Exchange Commission. Unfortunately, the 20-F form only tells part of our BP Alaska business story which has caused some confusion and a number of questions that I want to help address.   Let me be very clear, the BP Alaska Region did lose money (negative cash flow) [...]

4-11-17 So who thinks Alaska LNG is competitive today?

From our Aussie energy analyst; more LNG from the Middle East: So, does a new tranche of Quatarian gas make North American LNG less or more competitive?  Regardless of your answer does anyone dispute that Alaskan Arctic LNG, with the liability of financing an 800 mile pipe in the high cost North, will be the last to be financed (i.e. without government subsidy)?  -dh Last week we reported on the Qatari announcement that the No. 1 gas exporting nation (but not quite No. 1 footballing nation) was lifting its [...]

4-7-17 CELEBRATE PRUDHOE BAY’S 4 DECADES OF PRODUCTIVITY!

Nominate an exceptional Alaska oil and gas project, contractor, or individual today! Marilyn Crockett, former President, AOGA. Northern Gas Pipelines file photo by Dave Harbour AOGA President, Kara Moriarty. Northern Gas Pipelines file photo by Dave Harbour AOGA's annual Industry Awards recognize outstanding contributions to the Alaska oil and gas industry in four categories: Contractor of the Year for Safety Performance Award, sponsored by the Alaska Support Industry Alliance Project of the Year Award for Environmental Stewardship and Innovation, sponsored by Stoel Rives Rising Star [...]

4-5-17 Former Alaska Gasline Development Corporation CEO, Dan Fauske, Passed Away Today

   Former Alaska Gasline Development Corporation and Alaska Housing Finance Corporation Chief Executive Officer Dan Fauske passed away today after a courageous battle against cancer.  Our prayers are with his family.  -dh Dan Fauske. Northern Gas Pipelines file photo by Dave Harbour. “Dan Fauske touched the lives of so many Alaskans, first through his work with the North Slope Borough and later as the head of Alaska Housing Finance Corporation and Alaska Gasline Development Corporation. His work helped generate millions of dollars in construction projects and affordable [...]

3-30-17 Alaska LNG, State Fiscal Crisis, Worldwide Competition, U.S. Congress

U.S. Senator Lisa Murkowski. Northern Gas Pipelines file photo by Dave Harbour TODAY: U.S. Sen. Lisa Murkowski, R-Alaska, thanked her colleagues for their work to develop and report, en bloc and by voice vote, a total of 65 bills from members of both parties.   The committee approved seven bills introduced by Chairman Murkowski, as well as subcommittee assignments for Sen. Luther Strange, R-Ala.  More..., Yesterday, the Department of the Interior (DOI) Secretary Ryan Zinke issued a Secretarial Order to formally end the coal leasing moratorium and [...]

3-29-17 Governor’s Government LNG Marketing Efforts Cost Much, Produced Little to Nothing

If you had a multi-billion dollar private sector project... Courtesy Buzzfeed. ...would you hire a government bureaucracy to do it for you?   Actually, this is what is happening.  The citizens of Alaska elected a lawyer who takes over a private sector project, flies around Asia and the Lower 48 on marketing trips, and continues to operate LNG marketing offices in Japan and Houston while supporting tax increases on the oil industry and presiding over a state that refuses to significantly cut its operating budget while its subsidized budget [...]

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