News Miner by Jeff Richardson. Gov. Sean Parnell l(NGP Photo) said the that the fate of Flint Hills refinery has been a daily “front and center” concern for his administration since the company announced plans to halt fuel production. Parnell, speaking at a News-Miner editorial board meeting on Friday, said .... (More here)
Quebec plans oil exploration program Quebec City, Quebec (UPI) Feb 14, 2013 - Quebec plans to partner with private sector interests in an oil exploration program on Anticosti Island in the Canadian province. "These agreements with private sector partners will create sustainable wealth and quality jobs if the presence of oil is confirmed," Premier Pauline Marois stated in a news release Thursday announcing two agreements. The first is a $100 million drillin ... more
Petroleum News, by Kristen Nelson. Senate Resources held back-to-back hearings through early February, with more scheduled, on the Heads of Agreement and Memorandum of Understanding released by the administration Jan. 10, and on the enabling legislation (Senate Bill 138 and House Bill 277) required to make the HOA and MOU effective.
What: Alaska Miners Association 2014 Biennial Conference When: April 7—13, 2014 Where: Carlson Center: 2010 2nd Ave. in Fairbanks, Alaska. About: The event will feature a multitude of lectures and workshops from industry experts; field trips to the Pogo and Ft Knox Mines; and the opportunity to network with individuals involved with all aspects of Alaska’s mining industry. How: Register at www.alaskaminers.org, or by contacting Alicia Amberg: e-mail alicia@alaskaminers.org; tel: 907-563-9229 This morning, the Alaskanomics Blog posted and distributed (here) our February 10 commentary: "Has Alaska Become A Place Where A Deal Is A [...]
Canadian Press by Mike Blanchfield. It's high time Canada started looking beyond the Obama era if it wants to push economic integration with the United States to a new level, says former Conservative cabinet minister Jim Prentice (NGP Photo). ... New gas discoveries in both countries have transformed North America's economic landscape, said Prentice, who urged the federal government to set its sights on 2017 when Barack Obama's successor arrives in the White House. Commentary. "Tis the season!" Yes, a legislative session in an election year tells us it's [...]
Alliance Profile: M-I SWACO a Schlumberger Company: From Drilling through Production, Focused on our Customers Alaska LNG Project Faces Market Challenges...And Political Challenges Competition Perspectives: Part I (Part II, Part III) by Dave Harbour Alaska and Mackenzie Delta producers are eyeing LNG exports to Asia as this generation's best option for monetizing Arctic gas. Previous generations were close: with the Arctic Gas project in the 1970s (i.e. including TransCanada); displaced by the Alcan project in the 1980s (i.e. vigorously opposed by TransCanada); and the Alaska Highway gas pipeline project given new life with [...]
For our Canadian readers: Want to become a temporary member of the National Energy Board in Calgary? Knowing several of the Members and the Board's mission, we can say it would be both a high honor and experience of a lifetime to serve! -dh This morning, Keith Kohl wrote a column for Energy and Capital revealing that the Lower 48 may be looking more closely at Alaska. He said, in part, "We've become a nation of spoiled children when it comes to energy. This is particularly true for those of us [...]
Part I: Has Alaska Become A Place Where A Deal Is A Deal? (Part II, Part III) In August, we'll find out Commentary by Dave Harbour Today's Anchorage Daily News contains a 'news' article describing how Alaskan oil companies are "pouring" millions of dollars into an effort to stop repeal of the State's oil tax reform law. Citizens should be applauding the companies for upholding a law approved less than a year ago by Alaska's Governor and a majority of the elected representatives of the people. A number of groups representing [...]
Petroleum News by Eric Lidji (NGP Photo). For the fourth quarter, ConocoPhillips earned $555 million in Alaska, up from the seasonally lower third quarter, but down from the same period during the previous year on declining production. The company paid nearly $1 billion in obligations during the quarter, which vice president finance, ConocoPhillips Alaska Vice President of Finance Bob Heinrich attributed to the outgoing Alaska’s Clear and Equitable Share fiscal system. “The fourth quarter of 2013 is similar to what we have seen historically under ACES where we pay [...]
Bristol Bay Times by Jim Paulin. Royal Dutch Shell's new chief executive said last week that the company is shelving its Alaska exploration program, at least for this year, a move that will impact the economy of Unalaska/Dutch Harbor. ... Unalaska served as Shell's base in 2011 and 2012, as the nearest port with year-round open water and well-developed port facilities, despite being about 1,000 miles from the offshore oil prospects to the north in the Arctic Ocean. "It's a pretty substantial hit," said Tom Enlow, of Unisea, which operates the [...]
Commentary: Yesterday, Alaska's Deputy Commissioner of Revenue, Bruce Tangeman (NGP Photo), provided updates on the, "More Alaska Production Act & Gasline Heads of Agreement". Here is the video and a link to the presentation .pdf. -- In a similar vein, yesterday we were queried by a Lower 48 oil and gas publication on challenges we perceive Governor Parnell faces. See our response, below. See EIA Comment. -dh Juneau Empire Op-Ed by Rep. Eric Feige (NGP Photo). As Sen. Mark Begich and Rep. Andy Josephson have recently opined about the Pebble Mine, [...]
Washington Times Commentator Robert Skinner wonders if Obama is breaking US-Canada tradition of energy cooperation. See our earlier report of Robert Dillon's Keystone analysis. -DH The Pebble Partnership (PLP) this week announced that Pebble CEO John Shively (NGP Photo) will assume the role of Chairman of the Board of Directors—a move that allows Shively to be a part of the strategic leadership team for advancing the project. With this move, PLP is appointing Tom Collier to the position of CEO for the company. (Read more here.) VIDEO LEFT (audio link): Yesterday [...]
Calgary Herald by David Marsden. ... What we are quibbling about is the depths of Obama’s hypocrisy. The Keystone XL pipeline would not add to the United States’ consumption of oil. From the U.S. House Resource Committee re: Threat to Half Of America's Fruits, Vegetables and Nuts Today the House will act on legislation to provide relief to farmers and help return water flows to the Central Valley. (See our earlier story of the effect of national energy policy on California and Colorado food production. -dh) Fuel Fix. Former [...]
Alaska Journal of Commerce by Tim Bradner. Flint Hills Resources will cease refining operations at its North Pole refinery near Fairbanks this spring, the company announced Tuesday in a press release. Senate Energy Committee Spokesman, Robert Dillon, this morning provided us with an analysis of Keystone XL Pipeline labor benefits discussed during Bill O'Reilly's Super Bowl interview with President Barack Obama. (Dillon's analysis follows:) In September 2009, President Obama declared, “I will not rest until anybody who’s looking for a job can find one – and I’m not talking about [...]
Globe and Mail by Brent Jang. Northwest Territories Premier Bob McLeod (NGP Photo) says the key to reviving dormant plans for the Mackenzie Valley pipeline will be to transport natural gas from the Arctic into British Columbia instead of Alberta. Private-sector proponents of the Mackenzie line consider the NWT project to be currently uneconomic, based on market conditions of plentiful gas supplies in North America. Arctic Gas Leadership by Dave Harbour We have much respect for the 12th Premier of the Northwest Territories, Bob McLeod, and for his dedicated leadership of a huge, 440,000 square mile area that is about [...]
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