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August 19, 2022
The Alaska Department of Natural Resources; Division of Oil and Gas has approved an application from Hilcorp Alaska for a Milne Point unit plan of operations amendment. The Aug. 10 approval is for installation of a separator vessel, modules, tanks and header connections to provide water separation c...
August 19, 2022
On July 25, following decisions by the Alaska Oil and Gas Conservation Commission and appeals by Amaroq Resources, the Alaska Superior Court reversed an AOGCC decision on the bonding required for wells at Nicolai Creek (see story in July 31, 2022, issue of Petroleum News). In an Aug. 15 order, the...
August 19, 2022
Oil prices edged higher Aug. 17 as plummeting U.S. reserves offset China demand worries that had carried prices lower in the preceding three sessions. ANS rose 98 cents on the day to close at $99.72, as West Texas Intermediate jumped $1.58 to close at $88.11 and Brent rose $1.31 to close at $93.65. ...
August 13, 2022
The Oak Materials River Road site in Hoosick Falls has been added to the state Superfund...
August 12, 2022
Brent crude oil spot price is forecast to average $105 per barrel this year and drop to $95 per barrel in 2023, the U.S. Energy Information Administration said Aug. 9 in its Short-Term Energy Outlook. EIA projects U.S. crude oil production to average 11.9 million bpd this year and 12.7 million in 2...
August 12, 2022
Aug. 4 was a momentous day for Alaska North Slope crude. ANS dropped below the psychologically important $100 per barrel mark, down $1.80 to close at $98.54 per barrel. It was momentous because as of late, ANS had avoided the $90s. ANS had consistently closed above $100 even while West Texas Interme...
August 11, 2022
State forest rangers and DEC civilian firefighters are in their fifth day of working to...
August 11, 2022
ConocoPhillips is looking to boost its role in the world of natural gas and LNG with key new investments in the LNG business on the U.S. Gulf Coast and in Qatar, company officials said as they unveiled second quarter earnings. The company also said it would raise the total distributions to investors...
August 11, 2022
Methane hydrate drilling and test production is planned for the North Slope this year. Following an earlier approval of gravel work (see story in July 17, 2022, issue of Petroleum News), the Alaska Division of Oil and Gas has approved a methane hydrate drilling program for scientific research on th...
August 9, 2022
Résultats examens 2022 : La belle moisson des établissements de l'ODEC de Dakar