Page 40 - Dec News Today

The Baker Hughes

Crude oil prices are up on reduced global inventories and long term -- through 2050 -- global energy consumption is expected to increase, driven by population growth, manufacturing and higher living standards, the U.S. Energy Information Administration said Oct. 11 in its October Short-Term Energy O...

FLAG carrier Philippine Airlines will be launching a new Cebu-Laoag route by the middle of December as part of efforts to establish better connectivity between Northern Luzon, and the central and southern Philippines.

In the 50th plan of development for Nicolai Creek, Amaroq Resources President Scott Pfoff told the Alaska Department of Natural Resources, Division of Oil and Gas that the company is working to attract additional investment to develop "upside potential for conventional oil and gas, unconventional ga...

Point Thomson unit operator Hilcorp Alaska is evaluating converting one of two injectors at Point Thomson into a producer, as production continues to decline from PTU-17, the field

The US Department of Energy is poised to award federal funds to an electric cooperative to bring a new battery project to Smith Island, aimed to improve grid resilience and

The Town of Mount Carmel received a $200,000 grant from the state for improvements to the city park.

Alaska North Slope crude broke below the $90 level Oct. 4, plummeting $4.93 to close at $88.81 per barrel, while West Texas Intermediate dove $5.01 to close at $84.22 and Brent plunged $5.11 to close at $85.81. The trading week leading into Oct. 4 was a sea of red ink, save for Oct. 3, when ANS eked...

The Alaska Oil and Gas Conservation Commission said Oct. 3 that it has assessed a $60,000 civil fine against Eni Petroleum US LLC for failure to obtain approval for rigless workovers. Eni is the working interest owner and operator at the Nikaitchuq and Oooguruk units on the North Slope. In August,...

On Sept. 13 the Regulatory Commission of Alaska held the third of a series of public meetings, gathering information relevant to the adoption of renewable energy power generation in Alaska. The commission has opened an information docket on the topic in anticipation of providing testimony to the sta...