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Oil, Gas, And Fracking News Reads: 27December 2020

Here are some more selected news articles for the week ending 26 December 2020. Go here for Part 1. This is a feature at Global Economic Intersection every Monday evening or Tueday morning. Please share this article - Go to very top of page, right hand side, for social media buttons. Scientist Dominic DiGiulio s Work Illuminated How Fracking Affects People and Environment - - People in communities across the nation have found themselves the participants in a fracking experiment. The practice is controversial because of its potential impacts to public health and the environment, specifically, it can poison drinking water. After years of research, scientist Dominic DiGiulio made this link. He found that people s groundwater can become contaminated under certain conditions. The pits that store fracking chemicals are one example. Such was the case in Pavillion, Wyoming, a community of roughly 230 people.Back in 2008, residents began complaining their water had a foul taste and smell

Sale of BP Alaska assets to Harvest/Hilcorp closes Dec 18 - December 27, 2020

Providing coverage of Alaska and northern Canada s oil and gas industry Sale of BP Alaska assets to Harvest/Hilcorp closes Dec. 18 Kristen Nelson Petroleum News Following conditional approval by the Regulatory Commission of Alaska on Dec. 14, on Dec. 18 BP and Harvest Alaska completed the acquisition by Harvest — a Hilcorp Energy affiliate — of BP’s midstream assets in Alaska, BP’s stake in the trans-Alaska oil pipeline and Valdez Marine Terminal and in Aly.. You must be logged in to view this story. Please either log in or subscribe. Subscribers log in here to read the entire newspaper (1998 to 12/30/2020) |

BP Divests Stake in Alaska Pipeline

Harvest Alaska (Harvest) has acquired BP Pipelines (Alaska) Inc. s (BP) midstream ownership interests. Harvest Alaska (Harvest) has acquired BP Pipelines (Alaska) Inc.’s (NYSE: BP) midstream ownership interests, parent company Harvest Midstream reported late last week. The deal, which received approval from the Regulatory Commission of Alaska on Dec. 14, immediately gives Harvest ownership of BP’s approximately 49-percent interest in the Trans-Alaska Pipeline System (TAPS) and 49 percent of Alyeska Service Co. and other Alaska midstream interests, Harvest Midstream noted in a written statement. The parent firm added that Alyeska will continue to operate TAPS as it has for decades.

Hilcorp s Harvest Alaska unit completes BP Alaska acquisition

Message : Required fields (Reuters) - Privately held Hilcorp Energy Co said on Friday its unit completed a $5.6 billion acquisition of BP Plc s business in Alaska, taking over the region the British oil major had operated in for 60 years. Hilcorp s Harvest Alaska, a midstream services provider, said it received approval from the Regulatory Commission of Alaska on Dec. 14 to acquire BP s nearly 49% interest in the Trans-Alaska Pipeline System (TAPS) and 49% of Alyeska Service Company and other Alaska midstream interests. The 800-mile TAPS is one of the largest pipelines in the world and transports oil from the North Slope to the northern most ice-free port in Valdez, Alaska.

Hilcorp Completes Multibillion-dollar BP Alaska Acquisition

Reuters Your browser does not support the audio element. Privately held Hilcorp Energy Co. said on Dec. 18 its unit completed a $5.6 billion acquisition of BP Plc s business in Alaska, taking over the region the British oil major had operated in for 60 years. Hilcorp s Harvest Alaska, a midstream services provider, said it received approval from the Regulatory Commission of Alaska on Dec. 14 to acquire BP s nearly 49% interest in the Trans-Alaska Pipeline System (TAPS) and 49% of Alyeska Service Company and other Alaska midstream interests. The 800-mile TAPS is one of the largest pipelines in the world and transports oil from the North Slope to the northern most ice-free port in Valdez, Alaska.

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