12-20-13 “Don’t Forget the Mackenzie Delta!”
See Today's Petroleum News Headlines Here. CBC: Joint review panel says Northern Gateway Pipeline project is in best interest of Canadians - CALGARY HERALD RELATED STORY TODAY: BY JAMES WOOD AND CHRIS VARCOE Don't Forget the Mackenzie Delta! Will Alaskan and Canadian Investors Merge Their Interests Into the Most Efficient Outcome for Arctic Gas? by Dave Harbour Globe & Mail, TUESDAY by Jeffrey Jones. Before the end of the year, Imperial Oil Ltd. and its partners must inform the National Energy Board of its intentions with the Mackenzie gas project, the $16.2-billion [...]
12-19-13
Washington, D.C., by Robert Dillon. U.S. Sen. Lisa BP announces significant Gulf of Mexico oil find BP has found a major oil discovery at its Gila prospect in the Gulf of Mexico, which it co-owns with ConocoPhillips, BP said on Wednesday. "The Gila discovery is a further sign that momentum is returning to BP's drilling operations and well execution in the Gulf of Mexico," said BP Regional President Richard Morrison. TransCanada is now looking at using railroads to transport Canadian oil sands to Nebraska as regulatory hurdles continue to delay [...]
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12-18-13
Denver Post Op-Ed by Jennifer Diggins (NGP Photo). In early November, voters in seven communities in Colorado and Ohio were asked to ban hydraulic fracturing. A ban succeeded in five out of seven communities. Out-of-state opposition groups misled voters to believe fracking contaminates water aquifers, increases air pollution and sacrifices public health. The outcome is a wake-up call for any American who values affordable energy, energy security and a cleaner environment....
12-17-13
Video: Paul Gigot, Wall Street Journal. Is the Administration rethinking the ban on oil exports? Calgary Herald. Mexico's state-run oil company is battling a fire at a pipeline north of Mexico City.... Will John Podesta and a Left Wing Billionaire Control White House Energy Policy From Now On? (See our earlier, related essays, editorials and reports: "Enviro - Industrial - Governmental Cabal") The Senate Energy and Natural Res. Committee today favorably reported two nominees to fill positions at the Department of Energy and one nominee to the Department of the Interior. Chairman Ron Wyden (NGP Photo), D-Ore., [...]
12-16-13
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12-14-13
Governor Sean Parnell yesterday named Curtis Thayer acting commissioner for the Department of Administration. Thayer currently serves as deputy commissioner for Administration and fills the vacancy created by the resignation of Becky Hultberg.
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12-13-13
Petroleum News North of 60 Mining News Yesterday, Alaska Governor Sean Parnell (NGP Photo) unveiled his FY 2015 budget, proposing $1.3 billion less in general fund spending than the current year and 150 fewer positions. This FY 2015 budget proposes 18.4 percent less in general fund spending than the current year. IN CASE YOU MISSED IT: - Nuke industry to Obama: You need us - Vehicle fuel economy hits record high - House Dems press Obama to halt Keystone XL review - Bipartisan push imperils ethanol mandate - GOP [...]
12-12-13 “Foxes in the Arctic Hen House”
Upon inquiry, ConocoPhillips provides us with the latest status on its Kenai Peninsula LNG export facility, below. We regard this as very good news because it helps assure Cook Inlet explorers that they might have both domestic and foreign markets for their gas discoveries. Absent foreign markets, the domestic market alone could be insufficient to provide adequate, long term gas exploration incentives. -dh With support from many local stakeholders, and in consideration of a request from the State of Alaska, ConocoPhillips Alaska (COPA) has submitted an application to the U.S. Department of [...]
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12-11-13
Associated Press by VLADIMIR ISACHENKOV. Expanding Russia's military presence in the Arctic region is among the top priorities for the nation's armed forces, President Vladimir Putin said Tuesday.... Vancouver Sun. Russian President Vladimir Putin is pawing the snow over Canada's claim to the North Pole. A day after Foreign Affairs Minister John Baird confirmed Canada is extending its Arctic territorial claim beyond the area mapped by federal scientists, Putin responded with a highly visible message to the Russian military. Podesta's arrival shouldn't equate to Keystone's death knell, said Michael Whatley (NGP Photo), executive vice president of the Consumer Energy Alliance, a collection of oil [...]
12-10-13 Michael and Chantell Sackett’s Victory Over An Overreaching EPA
ADN/AP — ConocoPhillips is budgeting $1.7 billion for 2014 capital costs in Alaska, twice what it says it spent in 2012 and $600 million more than was budgeted for 2013. The company in a release says the larger budget reflects increased spending on the long-planned CD-5 development within the National Petroleum Reserve-Alaska and increased activity due to the oil tax cut passed by the Legislature earlier this year. Spokeswoman Natalie Lowman says funding also is included for exploration, including two wells in the Greater Moose's Tooth unit, and major maintenance. So compelling was [...]
11-9-13
CBC by Chris Hall. The prime minister’s special envoy on West Coast energy issues says the federal government must take decisive action to engage aboriginal groups opposed to new oil and gas pipelines. Fairbanks News Miner. ASRC Energy Services Response Operations and Foss Maritime Company have formed a joint venture to pursue marine services opportunities in Alaska, the companies announced in a news release.
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12-8-13
ADN Guest Editorial by Lynn Johnson (NGP Photo). A state that is 90 percent dependent on oil revenues cannot afford to lose 200,000 barrels of daily oil production -- and continue to prosper. Yet that has been the state's fate under the ill-advised oil tax policy known as ACES. Since ACES passed in 2007, North Slope production has fallen almost 31 percent while production is up everywhere else in the nation. ACES caused Alaska to miss out on the oil boom brought about by high oil prices. That should concern [...]
12-7-13
December 6, 2013, Juneau, Alaska – Governor Sean Parnell has ordered all state flags to be lowered to half-staff on Saturday in commemoration of Pearl Harbor Day. (Here is the personal tribute we wrote a year ago.) -dh
12-6-13
WASHINGTON, D.C. – On Friday, January 10th the House Natural Resources Subcommittee on Energy and Mineral Resources will hold an oversight hearing on “The Science Behind Discovery: Seismic Exploration and the Future of the Atlantic OCS.” This hearing will feature testimony highlighting the technological advancements in the field of seismic technology and the essential role seismic exploration plays in future offshore energy development and job creation in the Atlantic. Without seismic exploration, economic and energy development are left to rely on more than 40-year old data. Seismic exploration is [...]