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bp on energy future: report looks at uncertainties around transition - March 20, 2022

What would the future of energy look like with less use of fossil fuel and how might the world get there between now and 2050? The bp Energy Outlook 2022, released March 14, summarizes some of the key highlights and findings of updated scenarios on the energy transition, the company said in releasi...
Kristen Nelson Energy Outlook Petroleum News Natural Gas Oil Production

Beluga River, in production since k1968, now up for field, pool rules - March 20, 2022

Hilcorp Alaska, operator of the Southcentral Beluga River gas field, has requested that the Alaska Oil and Gas Conservation Commission establish pool rules for the Beluga River Sterling/Beluga gas pool, which has been in production since 1968. The commission said in a March 8 public notice that it...
Beluga River United States Kristen Nelson Petroleum News Alaska Oil Gas Conservation Commission

Spring Revenue forecast: ANS price up - March 20, 2022

The Alaska Department of Revenue released its Spring 2022 Revenue Forecast March 15 forecasting unrestricted general fund, UGF, revenue, before transfer from the Permanent Fund Earning Reserve, at $3.9 billion in fiscal year 2022 and $5 billion in FY 2023, increases of $1.2 billion for FY 2022 and $...
United States Kristen Nelson Mike Dunleavy Dan Stickel Lucinda Mahoney Department Of Revenue

JCDecaux (EPA:DEC) PT Set at €26.50 by Barclays

Barclays set a €26.50 ($28.80) price target on JCDecaux (EPA:DEC – Get Rating) in a report published on Thursday morning, Borsen Zeitung reports. Other equities analysts have also recently issued reports about the stock. JPMorgan Chase & Co. set a €27.50 ($29.89) price target on shares of JCDecaux in a research report on Thursday. The […]
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Planned Utah-based line draws opposition - March 13, 2022

Dozens of Colorado counties and cities are opposing a Utah-based railroad project that would bring as many as 10 two-mile-long trains carrying oil through Denver each day. The proposed 85-mile railroad line has federal approval but opponents say there is no clear picture of the environmental damage...
United States Petroleum News Associated Press Planned Utah Based Climate Change

$100+ new normal - March 13, 2022 - Petroleum News

North Slope crude moved sharply lower March 9, losing $15.05 to close at $110.40 per barrel, while West Texas Intermediate slid $15.00 to close at $1.08, and Brent shed $16.84 to close at $111.14. The indexes moved lower after the United Arab Emirates ambassador to Washington, Yousef Al Otaiba, tol...
United States United Arab Emirates Joe Biden Ryan Lance Vicki Hollub Yousef Al Otaiba

RCA orders investigation into power pool cost settlement problem - March 13, 2022

On March 3 the Regulatory Commission of Alaska issued an order initiating an investigation into recent changes in the operation of a tight power pool between Chugach Electric Association and Municipal Light & Power. The commission is concerned that a change that Chugach Electric required to the cost...
United States Alan Bailey Chugach Electric Association Regulatory Commission Of Alaska Petroleum News Regulatory Commission

EIA says US oil & gas production, consumption to grow through 2050 - March 13, 2022

The U.S. Energy Information Administration released its Annual Energy Outlook 2022 March 3, with the reference case forecasting U.S. oil and natural gas production to remain at historically high levels through 2050. EIA said domestic consumption and production of petroleum and other liquids are pro...
United States Kristen Nelson Energy Outlook Petroleum News Us Energy Information Administration Information Administration

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