Tag Archives: BP

Four energy giants update multi-billion dollar Alaska LNG development plans

An alliance of four energy companies has updated plans for a multi-billion dollar, ten-year liquefied natural gas megaproject that would take gas from Alaska’s North Slope for shipment to Asia through the oil port at Valdez. Three of the companies, Exxon Mobile, ConocoPhillips and BP already have operations on the North Slope. TransCanada,which is already planning to build a gas pipeline for the Kitimat Shell project, would be the fourth partner and also work on the pipeline. The four companies filed a letter on October 1 with…

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Alaska governor meets with three energy CEOs to push North Slope LNG exports to Asia

Alaska Governor Governor Sean Parnell met with the chief executive officers from BP, ConocoPhillips and Exxon Mobil on January 5, 2012, to discuss alignment between the three companies on commercializing the North Slope’s vast natural gas reserves. A news release from the governor’s office says Parnell asked  “the three companies – the major lease holders for natural gas reserves on the North Slope – to work together on developing a liquefied natural gas (LNG) project that focuses on exporting Alaska North Slope gas to Asia’s…

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Who Are America’s Top 10 Gas Drillers? ProPublica

Energy Who Are America’s Top 10 Gas Drillers? by Nicholas Kusnetz ProPublica, Sep. 1, 2011, 4:12 p.m. ET Natural gas–often touted as an abundant, comparatively clean source of domestic energy–has come under intensifying public scrutiny in recent months, with U.S. federal regulators and reporters challenging some of the industry’s rosy business projections. The Securities and Exchange Commission is probing whether gas companies have exaggerated their reserves [1] and have adequately disclosed the risks to investors from drilling’s potential environmental damage [2]. New York Attorney General…

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Micro organisms played key roles in Exxon Valdez, BP cleanup: study

Environment Link A study by the U.S. Lawrence Berkeley National Laboratory is reporting that microbes, mostly  bacteria, but also archaea (single cell organisms without a cell nucleus) and fungi, played key roles in mitigating both the Exxon Valdez oil spill in Alaska and the  BP Deep Ocean Horizon disaster in the Gulf of Mexico. In a news release, Terry Hazen, microbial ecologist with the Lawrence Berkeley National Laboratory (Berkeley Lab) says, “Responders to future oil spills would do well to mobilize as rapidly as possible…

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No real need for pipeline between oilsands and West Coast: bureaucrat: Vancouver Sun

Vancouver Sun No real need for pipeline between oilsands and West Coast: bureaucrat A multi-billion dollar pipeline project that would link the oilsands region to the coast of British Columbia offers new export capacity that the Canadian industry does not really need, senior bureaucrats have told the federal government…   The details of the federal assessment were released in over 300 pages of internal documents from Natural Resources Canada, obtained by Postmedia News, which also noted rising public opposition to Enbridge’s proposed project over concerns about…

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Time for Alaska, Big Oil to lay gas line cards on the table : Anchorage Daily News

Anchorage Daily News Column by Paul Jenkins Time for Alaska, Big Oil to lay gas line cards on the table It is time for TransCanada, Exxon and the state to lay their cards on the table; time to tell Alaskans whether their natural gas pipeline project is deader than Donald Trump’s presidential campaign. To almost nobody’s surprise, BP and Conoco Phillips yanked the plug on their Denali gas line project, an effort to build a $35 billion, large-diameter natural gas pipeline from Alaska’s North Slope…

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BP, ConocoPhillips Halt Proposed $35 Billion Alaska Gas-Pipeline Project: Bloomberg

Bloomberg BP, ConocoPhillips Halt Proposed $35 Billion Alaska Gas-Pipeline Project BP Plc  and ConocoPhillips dropped plans for a $35 billion Alaska natural-gas pipeline, once proposed to be the largest private construction project in U.S. history, because they didn’t get enough customer interest. The companies will withdraw an application seeking federal approval to build a pipeline to bring gas from Alaska’s North Slope to U.S. and Canadian markets, according to a statement today… Halting Denali leaves one competing pipeline proposal, backed by TransCanada Corp. (TRP) and…

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