9-5-14

Next week's edition of Petroleum News released today; here are the headlines (We encourage NGP readers to subscribe):

• Through to 2019  09/07/2014 (Trouble viewing this article? Click here)
  Chugach Electric Association has released volume and price information for the recently announced extension to its gas purchase agreement with gas producer Hilcorp Alaska. In an Aug. 27 filing with the Regulatory Commission of Alaska the utility said that it has contracted for the purchase of 3.3 bi….

   

• Joining forces on energy  09/07/2014 (Trouble viewing this article? Click here)
  The Alberta government’s long-cherished dream of a national energy strategy in Canada is suddenly within reach, but it’s not quite what Alberta had in mind. At their latest annual conference, Canada’s 10 provincial and three territorial leaders moved decisively in a pan-Canadian direction, with the….

   

• Next LNG steps approved  09/07/2014 (Trouble viewing this article? Click here)
  On Aug. 25 the board of the Alaska Industrial and Export Authority passed a couple of resolutions that move forward a project to build a liquefied natural gas plant on the North Slope, for the supply of natural gas to Fairbanks and the Alaska Interior. One resolution authorizes AIDEA to spend $1.6….

   

• Archer seeks to move lawsuit  09/07/2014 (Trouble viewing this article? Click here)
  Archer Drilling LLC wants to move its legal battle with Buccaneer Energy Ltd. The drilling contractor wants to remove the case to the U.S. Bankruptcy Court for the Southern District of Texas, where Buccaneer is undergoing bankruptcy proceedings. Archer and its affiliate Rig Inspection Services (US)….

   

• August ANS output down 5.9%; Inlet crude breaks 17,000 bpd  09/07/2014 (Trouble viewing this article? Click here)
  A 36-hour scheduled shutdown of the trans-Alaska oil pipeline Aug. 29-30 and turnaround work at North Slope oil fields, combined with naturally declining production, resulted in a 5.87 percent August-over-July drop in ANS crude oil production. August ANS production averaged 395,726 barrels per day,….

   

• Chasing new LNG, LPG markets  09/07/2014 (Trouble viewing this article? Click here)
  In one of the most decisive moves yet to launch exports of liquefied natural and petroleum gas from British Columbia, a gas producer and midstream company have entered a 15-year strategic alliance. The two Calgary-based companies, Painted Pony Petroleum and AltaGas, said the definitive agreement wil….

   

• Coast Guard recertifies Cook Inlet RCAC  09/07/2014(Trouble viewing this article? Click here)
  The U.S. Coast Guard has recertified the Cook Inlet Regional Citizens Advisory Council as an alternative voluntary advisory group under the Oil Pollution Terminal and Oil Tanker Environmental Oversight and Monitoring Act of 1990. The recertification, dated Aug. 27, terminates Aug. 15, 2015. Real A….

   

• Ulmer discusses Arctic, research efforts  09/07/2014(Trouble viewing this article? Click here)
  Former Alaska Lt. Gov. Fran Ulmer is going to be one busy lady the next few years, if she isn’t already. She recently was named special advisor on Arctic science and policy by U.S. Secretary of State John Kerry. She is also serving as the chair for the U.S. Arctic Research Commission and in 2010 rec….

   

• PetroChina closes deal — almost  09/07/2014 (Trouble viewing this article? Click here)
  State-owned PetroChina has restored — more or less — the Chinese government’s credibility in meeting its commitments on energy deals. Almost three months behind schedule, the giant company agreed Aug. 29 to deliver C$600 million in cash immediately to secure full ownership of the Dover oil sands pro….

   

• British Columbia refinery plan gets lift  09/07/2014(Trouble viewing this article? Click here)
  A former high-profile cabinet minister in the Canadian and Alberta governments has added weight to a long-shot proposal to build a refinery on the British Columbia coast to process oil sands bitumen for export to Asia. Stockwell Day, once deputy premier in Alberta, has been announced as a senior adv….