Platts. A consortium working on an Alaskan natural gas pipeline and LNG project will conduct a substantial field season to gather new geotechnical and environmental data in 2014, an ExxonMobil executive said Thursday. The effort will put more than 300 people into the field, and is about twice the size of the 2013 summer field season, said Steve Butt, an ExxonMobil official who is also project manager for the consortium, which also includes BP, ExxonMobil and TransCanada.
Globe & Mail by Eric Reguly. Oil prices fell as much as 2 per cent on Monday (Today), after Iran reached a deal with six world powers.... Petroleum News. Troubled times in Canada - 11/24/2013 Obstacles piling up in front of Canada's petroleum industry and its government allies are accumulating so rapidly that hopes of exporting ... ADN Commentary by Paul Jenkins re: Repeal of Oil Tax Reform: "Two former Democratic governors, Tony Knowles (NGP Photo-r) and Bill Sheffield (NGP Photo-l), have expressed opposition to any repeal. Just about everybody running for important state [...]
Energy Challenges and Interior Alaska by Katie Bender Alaskanomics In terms of energy, the challenges facing Interior Alaska are numerous. Many companies and individuals are working to identify these complex issues and try to determine feasible solutions for Fairbanks and beyond. The solutions to these problems won’t come easy, but they are necessary for Alaska’s 2ndlargest city. Fairbanks sees extreme cold during the winter and that cold comes with an extreme price tag for homeowners. Monthly expenses for heating can be upwards of $1200 during the coldest months of the [...]
ADN by Lisa Demer. The state of Alaska is considering investing billions of public dollars in a natural gas pipeline venture in the hopes that will make the long-sought mega-project happen. A state-commissioned study released Monday suggests direct state investment -- an ownership share -- as a way to improve the economic footing of a liquefied natural gas project that could cost more than $60 billion. The $424,000, 188-page study was by a team that included Black & Veatch, an employee-owned consulting and engineering firm based in Overland Park, Kan., [...]
Commentary: Yesterday, BP's Dawn Patience provided a report demonstrating that the company spends $1.5 billion and supports more than 350 vendors, 2,300 BP employees and 22,500 total jobs in Alaska. Here's the .pdf. The company's significant, Alaska projects include, "13 oilfields on the North Slope (including Prudhoe Bay, Endicott, Northstar and Milne Point), which account for about two-thirds of Alaska oil production." The report goes on to note that the company spent over $25 billion with 15,000 vendors throughout the country in 2012, creating a national economic impact of [...]
Feds Seek To Tighten Noose on Development By Expanding Clean Water Act Regulatory Control From our friends at the Pacific Legal Foundation comes word of this effort, "to stretch federal power so broadly that it could potentially cover every pond, puddle and pothole in the country." Since Alaska has more ponds, puddles, lakes, rivers and streams than any other state and 3/4 of America's coastline, the 49th state's citizens should be alert to this new EPA rulemaking effort, detailed below. This new regulation would provide new ammunition to White House [...]
Helping pipeline companies meet regulatory compliance - Calgary Herald - By Mario Toneguzzi, ... Is regulatory compliance a rising business opportunity for resource industry support companies? This story says, "Yes, it is." -dh A Web of Progressive (Socialist) Initiatives Transfers Jobs, Wealth and Power From Free Enterprise to Government The energy industry stands squarely in the crosshairs of the effort to "fundamentally transform the United States of America", and Canada is under attack as well. by Dave Harbour We alert our energy readers that a movement to 'fundamentally transform the United States of America' into a socialist society has the energy industry [...]
RDC Meeting Report: How Alaska Airlines is responding to travel needs of Alaskans (More event photos below) by Dave Harbour Today in Anchorage, members of the Resource Development Council for Alaska (RDC) welcomed as their biweekly keynote speaker, Joe Sprague, Marketing Vice President for Alaska Airlines (NGP Photo with RDC member after meeting). Eighteen years ago, Sprague began attending RDC meetings and since then has held posts of increasing responsibility with the state's namesake airline -- in Alaska, Washington D.C. and at the company's Seattle headquarters. Meanwhile, his Alaska staff continues [...]
Calgary Herald by Lauren Krugel. The CEO of Enbridge Inc. says he sees momentum shifting in favour of his company's controversial Northern Gateway pipeline, with an agreement between Alberta and British Columbia on West Coast oil exports the latest encouraging sign. "We think it's quite positive, actually, that we're seeing some good collaboration between the provinces. I think it shows leadership by both of the premiers," Al Monaco told analysts and reporters on a conference call Wednesday. Commentary: Yesterday, we spent a few minutes talking with visiting Congressman Doc Hastings, Chairman of the [...]
Commentary: Late yesterday, we received a copy of a letter (below) from Alaska Governor Sean Parnell (NGP Photo) addressed to citizens. We have supported tax reform in the spirit of fairness. However, in the sense of 'enlightened self interest', we know that absent a competitive investment climate in an oil-abundant era, Alaska's production and economic strength will continue to decline. Tax Commentary: We would suggest that economic principles apply throughout the free market--whether one is employed by the film, cruise, fishing, farming, manufacturing or oil industry. "The more [...]
New Federal Government Attack On Economic Recovery! by Dave Harbour Late last week the President and his Administration, supported by a well-briefed cohort of environmental activists, launched a new offensive against the country's economic recovery. The Administration's new "one-two" punch against the Nation's economic recovery, began on Thursday (October 31) at the National Press Club as Interior Secretary Sally Jewell unleashed a salvo of extremist environmental talking points, along with a "secretarial order" and threats to further restrict uses of public lands. Phil Taylor of E&E Reporter said Jewell will be recommending designation [...]
TransCanada Participates in Consumer Energy Alliance's Energy Day in Houston: Video Petroleum News: The new board of the Alaska Gasline Development Corp. met for the first time Oct. 30. The board selected John Burns, a former attorney general for the State of Alaska, as chair. Friday Afternoon Alert: We received a working draft of a Beringia Memorandum of Understanding between the governments of the United States and Russia a few minutes ago, courtesy of Governor Sean Parnell's (NGP Photo) Director of State/Federal Relations, Kip Knudson. He obtained the document from the U.S. State [...]
HOME Above & Beyond, Canada's Arctic Journal: "Tilting heads upward, the Royal Canadian Air Force took to the skies over the Western Arctic this summer as part of their rigorous trainingtour, Operation Northern Reach. (Also see, Watchers of the North.) For our Washington readers: On Thursday, November 14, the Senate Energy and Natural Resources Committee will hold a hearing to consider the nomination of Chris Smith (NGP Photo) for the post of Assistant Secretary of Energy (for Fossil Energy) . The committee will also consider the nominations of Steven P. Croley to be the General Counsel of the Department of Energy [...]
Today, the House Natural Resources Subcommittee on Public Lands and Environmental Regulation held an oversight hearing entitled “Threats, Intimidation and Bullying by Federal Land Managing Agencies.” The hearing examined the ongoing and abusive conduct by federal land management agencies against private property rights. Comment: We are pleased when Alaskan and Canadian investors do well. In reviewing BP's Third Quarter financial results, BP Group Chief Executive, Bob Dudley, said today: “In 2011 we set a clear target for operating cash flow in 2014 and we are confident in its delivery. [...]
Calgary Herald by Stephen Ewart. When Ontario Premier Kathleen Wynne took a seat at the head table for a Calgary Chamber of Commerce lunch on Friday, and before her speech on the importance of political collaboration to develop energy infrastructure, she found herself directly across from TransCanada CEO Russ Girling. Chairman Doc Hastings' (NGP Photo) House Natural Resources Committee will hold a Full Committee markup on Wednesday, October 30th on seven bills--including H.R. 585 (Young), To provide for the unencumbering of title to non-Federal land owned by the city of Anchorage, Alaska, for [...]
.JPG)
.JPG){kind=link}
