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 [...]

6-16-17

  Kenai Peninsula Borough, Alaska Oil and gas news briefs for June 15, 2017, Courtesy of Larry Persily, Kenai Peninsula Borough, Ak No boost yet from new pipeline for North Dakota oil price (EnergyWire; June 14) - The Dakota Access pipeline hasn't boosted the price for oil in its namesake state, at least during its first 12 days of operation, North Dakota's top oil regulator said. The controversial pipeline, which is big enough to carry more than half the oil produced in the Bakken Shale formation, is [...]

By | 2017-06-16T05:22:16+00:00 June 16th, 2017|Alaskanomics, Arctic Policy, LNG|0 Comments

6-12-17 Does The White House Really Think Alaska LNG Is Currently Competitive In The Lower Cost/Low Price World Of LNG Competition?

...LNG news links from our friend, Larry Persily, former Federal Coordinator, Alaska Gas Pipeline Project: Commentary: A proposed Alaska LNG export terminal would be located at the end of an 800 mile Arctic gas pipeline. This scheme to monetize huge volumes of Alaska North Slope "stranded" gas (i.e. 35 Tcf) is a well intended pipe dream that could come true someday.   But TODAY it competes with worldwide tidewater projects in a low gas price environment.  Competing projects from Qatar to Russia, Australia, Indonesia, Canada and the Gulf [...]

6-2-17 Yesterday: a good decision for America

Wednesday Interior Secretary Zinke created a historic milepost for Alaska Interior Secretary Ryan Zinke. File photo by Dave Harbour, Northern Gas Pipelines ; yesterday, we saw the president place an equally historical achievement on the world stage Commentary by Dave Harbour Wednesday's action by new Interior Secretary Zinke to unwind harmful Alaska energy policies and signal that "Alaska is open for business" took careful study and courage. Likewise, President Donald Trump's Rose Garden presentation on the Paris Climate Change Accord could only have been delivered by one who both understood [...]

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 [...]

4-20-17 Plan Ahead For Arctic Conferences!

We are sure that our Arctic oil, gas and mining readers will find this conference useful: International Business Conference & Trade Show Sheraton Anchorage Hotel    Alaska's Premier Arctic Business Event Focused Squarely on Trade, Commerce, and Investment in the Region.  Four Ways Your Company Can Participate in  Arctic Ambitions VI Conference & Trade Show    ATTEND THE CONFERENCE This year, the theme of the conference is New Arctic Realities: The Path Forward. With this theme, we will highlight the following areas: transportation, technology and innovation, infrastructure development, natural resource [...]

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 [...]

4-2-17 This Week’s Petroleum News

From Petroleum News Alaska   REI closing down - 04/02/2017 (Full story) Resources Energy Inc., a Japanese company that has been pursuing the potential exporting of liquefied natural gas from the Cook Inlet basin, is closing its Alaska operations. Mary Ann Pease, the company's Alaska vice president, told Petroleum News on March 28 that the company has been unable to secu.... Cook Inlet field shut-in - 04/02/2017 (Full story) In response to a continuing natural gas pipeline leak under Cook Inlet, Hilcorp Alaska has shut in its Middle Ground Shoal oil [...]

By | 2017-04-04T09:32:44+00:00 April 2nd, 2017|Keystone XL, LNG|0 Comments