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ANS holds above $80 - February 25, 2024 - Petroleum News

Alaska North Slope crude maintained its trading range in the lower $80s in the holiday-shortened trading week ending Feb. 21, despite fluctuations as traders weighed risks for supply and demand which loomed over markets. ANS managed a 62-cent gain Feb. 21 to close at $82.43 per barrel, while West Te...
United States Steve Sutherlin Petroleum News Deutsche Bank Middle East North Slope

JCDecaux (EPA:DEC) Stock Price Down 1.8%

Shares of JCDecaux SE (EPA:DEC – Get Free Report) traded down 1.8% on Monday . The stock traded as low as €18.90 ($20.32) and last traded at €19.00 ($20.43). 68,867 shares changed hands during trading, a decline of 67% from the average session volume of 205,577 shares. The stock had previously closed at €19.34 ($20.80). […]
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AOGCC fines Hilcorp for Milne Point well - February 18, 2024

The Alaska Oil and Gas Conservation Commission has fined Hilcorp Alaska $260,477 for failure to perform a required mechanical integrity test, MIT, on the S-33A well in the Milne Point unit on the North Slope. The violation of rule 4 of Area Injection Order 10B occurred last year. Hilcorp reported i...
Milne Point United States North Slope Kristen Nelson Gas Conservation Commission Petroleum News

A gas supply challenge - February 18, 2024

During a Feb. 7 joint meeting of Alaska House and Senate Resources committees, executives from Enstar Natural Gas Co. and Cook Inlet gas producers described the challenges that they are facing in maintaining adequate supplies of natural gas for Southcentral Alaska. Gas is the primary fuel used for t...
Cook Inlet United States Alan Bailey Senate Resources Petroleum News Enstar Natural Gas Co

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ANS surges to $80s - February 18, 2024 - Petroleum News

Alaska North Slope crude experienced a momentous trading week ending Feb. 14, surging into the $80s and making its way higher day by day until a large boost in U.S. crude inventories paused the rally. ANS slid $1.08 on Feb. 14 to close at $81.24 per barrel, while West Texas Intermediate dropped $1.2...
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