The small private natural gas utility in Fairbanks, which has about 1,100 customers, “engaged in numerous highly irregular transactions” that warrant a state investigation, according to the Fairbanks North Star Borough.
Gov. Sean Parnell on Thursday named the public members of a board created to review the state’s oil and gas tax regime, and all have ties to industry, including two who used to work for Veco, the defunct oil-field contractor at the center of the 2006 corruption scandal tied to oil taxes. Richard Mauer
Under the terms of a broad legislative grant of secrecy governing gas pipeline work, a new joint venture agreement between the state and the oil companies including a state commitment of up to $125 million will remain confidential to the public and to legislators.Dermot Cole
Russia's Rosneft oil company, facing U.S. sanctions following Russia's seizure of part of neighboring Ukraine, won't be buying part of the huge Point Thomson natural gas field on Alaska's North Slope, Exxon Mobil said Wednesday.Pat Forgey
Relying in part on previous iterations of the decades-long quest to deliver Alaska's natural gas to Outside markets, the state's major oil companies filed an application Friday with the Department of Energy to export LNG.Alex DeMarban
The heavy lift vessel for Furie’s Kitchen Lights platform will arrive before the end of July. Meanwhile, onshore work for the construction of a gas processing facility near East Forelands on the Kenai Peninsula has been in progress for a couple of months.Alan Bailey | Petroleum News
Work will proceed on Caelus Energy Alaska’s Nuna project in anticipation of project sanction, according to the company’s latest plan of development for the offshore Oooguruk field. Alan Bailey | Petroleum News
Alaska’s long-sought mega-gasline project from the North Slope recently moved forward. But don’t forget the small gasline that might one day be built instead of its larger cousin, primarily to serve in-state natural gas needs.Alex DeMarban