Parnell announces Point Thomson agreement, pipeline commitment
March 30th, 2012Two major milestones were met in Alaska’s efforts to bring North Slope natural gas to Alaskans and markets beyond, Gov. Sean Parnell announced.
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Two major milestones were met in Alaska’s efforts to bring North Slope natural gas to Alaskans and markets beyond, Gov. Sean Parnell announced.
An eternal mistake in the oil and gas business is believing some current trend will last forever. The ruinous mistake is betting money on it.
The US Bureau of Land Management issued a draft environmental impact statement (EIS) and integrated activity plan for the National Petroleum Reserve-Alaska (NPR-A) on Mar. 29.
Beach Energy Ltd., Adelaide, has spudded a well programmed to test Pierre shale on the West Florence prospect in Fremont County, Colo.
Energy prices continued to drop Mar. 29 with crude oil down 2.5% on bearish macroeconomic signals and end-of-quarter profit taking.
US oil and gas drilling activity this week increased by 11 units to 1,979 total rigs working. The rig count for the week ended Mar. 30 was up by 203 rigs from the comparable period a year ago, Baker Hughes Inc. reported.
Uruguay’s ANCAP has received 19 bids for eight of the 15 Atlantic offshore exploration blocks it offered.
S-Oil, Seoul, which operates the 580,000 b/d Onsan refinery in Ulsan, South Korea, has named Nasser Al-Mahasher chief executive officer and representative director.