Page 66 - Dec News Today

In its recently published Energy Outlook 2023 publication, BP expects a continuing transition to the increased use of low carbon energy sources over the next 30 years. The report anticipates the world moving into an energy system dominated by renewable energy, hydrogen-based fuels and biofuels. BP C...

Natural gas production from Cook Inlet averaged 225,440 thousand cubic feet per day in December, up 10,854 mcf, 5.1%, from a November average of 214,586 mcf per day, and up 10.3% from a December 2021 average of 204,414 mcf per day. This data is from the Alaska Oil and Gas Conservation Commission, w...

At 498,184 barrels per day, Alaska North Slope production for December was up half a percent, 2,582 bpd, from a November average of 495,602 bpd, but down 1% from a December 2021 average of 503,128 bpd. Crude oil accounted for 87.9% of December ANS production, 437,906 bpd, up 0.5%, 2,037 bpd, from a...

Fairbanks-based Colville Transport LLC said Jan. 19 that it is pleased to announce that the company has passed a significant milestone by transporting over 100 million gallons of fuel without a spill during transport. From February 2019 through December 2022, its fleet of 38 tractors (trucks) and 67...

In a Jan. 17 special meeting the board of Fairbanks based Interior Gas Utility unanimously approved two contracts for establishing a liquefied natural gas supply from the North Slope. One contract is with Harvest Midstream for the construction and operation of a 150,000 gallon per day North Slope li...

Alaska North Slope crude maintained a trading range in the low $80 for a full week, gaining 6 cents to close at $83.03 Jan. 25. West Texas Intermediate rose 2 cents to close at $80.15, and Brent fell a penny to close at $86.12. (See chart in the online issue PDF) Volatility was muted as the U.S....

The Land Transportation Office reopened yesterday its Driver’s Education Center in Pasay City that will offer free courses for student driver applicants.

The Cameroonian President, Paul Piya, signed last January 20 a decree appointing the first leaders of the National Deposits and Consignments Fund

After making a dramatic leap of $2.82 Wednesday Jan. 11 to regain the $80s, Alaska North Slope crude marched $1.96 higher over the next week, from its close of $80.15 per barrel on the 11th to $82.11 Jan. 18. The gain came despite a daily trading loss on Jan. 18, which saw ANS fall $1.14 to its clos...

In a major change in business strategy, the board of the Interior Gas Utility, the gas utility for the Fairbanks-North Pole region, has decided to shift its source of natural gas from Cook Inlet to the North Slope. During a Jan. 17 special meeting, the board unanimously approved a resolution author...