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2017-11-14 17:50:00

CRITICALLY IMPORTANT ALASKA

CRITICALLY IMPORTANT ALASKA

 

 

API - API welcomed legislation that would allow for safe and responsible natural gas and oil development in a small non-wilderness portion of Alaska's Arctic National Wildlife Refuge (ANWR). The legislation was released by the Senate Energy and Natural Resources Committee to be included as part of the budget reconciliation bill.

"Safe and environmentally responsible energy development in the ANWR coastal plain holds great promise for our nation's energy security and competitiveness throughout the world," said API Upstream Director Erik Milito. "We commend Charmain Murkowski for her leadership on this important issue and look forward to working with Congress and the administration to continue harnessing our nation's energy potential to benefit American consumers.

"Developing our resources in ANWR is supported by strong majorities of Alaskans, and would generate jobs, government revenue, and spur economic growth. The natural gas and oil industry has the technology and expertise, along with decades of experience, to safely develop our energy resources in the Arctic while protecting the surrounding environment. Responsible access to ANWR is also in our national security interest, with other nations like Russia, Canada and Norway already actively exploring the Arctic region.

"Studies have shown the ANWR coastal plain holds the largest undeveloped conventional oil resources to be found in the U.S., and projections show that increased production over the long-term is exactly what we need to meet domestic and global demand. With eighty percent of U.S. voters supporting increased domestic oil and natural gas production, we should embrace our nation's abundant energy resources and continue advancing the U.S. as a global energy leader."

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Earlier:

U.S. - CHINA LNG
2017, November, 9, 13:35:00

U.S. - CHINA LNG

China’s top state oil major Sinopec, one of the country’s top banks and its sovereign wealth fund have agreed to help develop Alaska’s liquefied natural gas sector as part of U.S. President Donald Trump’s visit, the U.S. government said on Thursday. The agreement will involve investment of up to $43 billion, create up to 12,000 U.S. jobs during construction, reduce the trade deficit between the United States and Asia by $10 billion a year, and give China clean energy.

 

 ALASKA LNG: LEAST COMPETITIVE
2016, August, 30, 18:40:00

ALASKA LNG: LEAST COMPETITIVE

“The Alaska LNG project is one of the least competitive on a cost of supply basis compared with other”

 

 

 STATOIL LEAVES ALASKA
2015, November, 19, 19:30:00

STATOIL LEAVES ALASKA

Statoil ASA announced that it will vacate leases it holds in the Chukchi Sea off Alaska and close its office in Anchorage because they are no longer competitive. Its Nov. 17 action came after Shell Offshore Co. made a similar move with its Alaska federal offshore leases for the same reason.

 

 ARCTIC EXPLORATION’S RISK
2015, April, 4, 13:10:00

ARCTIC EXPLORATION’S RISK

Arctic exploration is worth the risk. Exxon has decades of experience working in that part of the world, including successful projects in Russia — but also a catastrophic oil spill in Alaska’s Prince William Sound when the Exxon Valdez oil tanker ran aground in 1989.

 

 ALASKA: CUT IN HALF
2014, August, 29, 17:45:00

ALASKA: CUT IN HALF

Alaska Lures Back Big Oil With Big Tax Breaks

 

 

 ALASKA LNG
2014, July, 22, 17:45:00

ALASKA LNG

Alaska LNG project partners file export application with DOE

 

 

 BP SALES ALASKA
2014, April, 24, 18:55:00

BP SALES ALASKA

BP agrees to sale of interests in four Alaska North Slope assets

Tags: USA, ALASKA, OIL, GAS

Chronicle:

CRITICALLY IMPORTANT ALASKA
2018, January, 19, 12:15:00

S.KOREA'S DIVERSIFICATION

PLATTS - For full-year 2017, South Korea's crude imports from its biggest supplier Saudi Arabia fell 1.7% to 319.02 million barrels, compared with 324.45 million barrels in the previous year, customs data showed. On the contrary, South Korea has imported 1.77 million mt, or around 13 million barrels, of crude from the US in 2017, about four times higher than in 2016. Shipments from Russia grew to 140,000 b/d last year from 112,000 b/d in 2016.

CRITICALLY IMPORTANT ALASKA
2018, January, 19, 12:10:00

ADNOC'S 2030 STRATEGY

AOG - ADNOC’s 2030 strategy, he said, aims to capitalise on predicted global economic growth and demand for oil and petrochemical products, particularly in non-OECD countries. As its business responds to changing market dynamics, the company will continue to broaden its partnership base, strengthen its profitability, adapt to new realities and expand market access.

CRITICALLY IMPORTANT ALASKA
2018, January, 19, 12:05:00

TOSHIBA SELLS WESTINGHOUSE

WNN - Under the terms of the assignment and purchase agreement it has signed with Nucleus and Brookfield, Toshiba will sell its rights to assert claims against Westinghouse related to the parent guarantees in the amount of $5.788 billion, and on account of other claims Toshiba holds against Westinghouse in the amount of $2.284 billion to Nucleus, for the sale price of $2.160 billion.

CRITICALLY IMPORTANT ALASKA
2018, January, 17, 23:50:00

ЦЕНА НЕФТИ: ПОКА НИЖЕ $70

РЕЙТЕР - К 9.30 МСК фьючерсы на маркерный сорт Brent опустились на 0,01 процента до $69,14 за баррель. В понедельник котировки североморской смеси поднялись до трёхлетнего пика на уровне $70,37 за баррель. Фьючерсные контракты на американскую лёгкую нефть WTI к этому времени торговались у отметки $63,72 за баррель, на 0,02 процента ниже предыдущего закрытия.

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