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Latest Petroleum
News
Shell president optimistic about drilling in Arctic
ANCHORAGE — The president of Shell Oil Co. said Tuesday that exploratory drilling off Alaska’s northwest coast is…
September 3, 2015
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Shell drills in Chukchi Sea
Shell is drilling in the Chukchi Sea. The semi-submersible Polar Pioneer “spudded” the Burger J well at 5…
August 6, 2015
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Production off; price better than forecast
Alaska oil and gas production averaged 502,000 barrels per day in Fiscal Year 2015, the state’s budget year…
July 16, 2015
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Hull damage forces Shell support ship back to dock
An icebreaker carrying a key piece of equipment for Arctic drilling planned by Royal Dutch Shell off the…
July 9, 2015
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Construction gets under way on Cosmopolitan development
Construction started this month with dirt work at the Cosmopolitan oil development project near Mile 151 Sterling Highway…
June 17, 2015
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AIDEA approves $30 million deal for Cosmo development
The Alaska Industrial Development and Export Authority has given approval for a $30-million financing package that will allow…
May 14, 2015
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Halliburton to cut 9,000 jobs in wake of oil’s drop
HOUSTON (AP) — Halliburton Co. has cut 9,000 jobs — more than 10 percent of its workforce —…
April 22, 2015
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Greenpeace group boards Arctic offshore drill rig
ANCHORAGE — Six Greenpeace activists protesting Arctic offshore drilling on Monday boarded a drill rig as it was…
April 8, 2015
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Enstar proceeds with pipeline
KENAI — A directional drill rig is tunneling into the ground along Bridge Access road where it will…
March 25, 2015
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Endeavour leaving Cook Inlet
In a delicate operation about as slow as watching the tide come in, on Monday the 765-foot heavy…
November 20, 2014
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Balash heads to Japan, Korea with BP to market LNG
Marketing efforts for the Alaska LNG Project have formally started, passing another major milestone.State Natural Resources Commissioner Joe…
September 17, 2014
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Closure of Flint Hills refinery means higher-priced asphalt
As paving season peaks, getting asphalt to construction sites across Alaska has become more complicated and expensive since…
September 10, 2014
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Producers erase decline for FY ’14
In a dramatic development, North Slope oil producers have essentially erased a long-term decline trend that has existed…
July 9, 2014
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