Posts Tagged ‘Arctic oil and gas’

Private companies struggle for Russian offshore opportunities: Regulation and Environment

Ask most people about Russian oil and gas production, and they’re likely to bring up the two giants: Rosneft and Gazprom. But private companies are possibly in a position to see their roles change in the country’s oil landscape, as Rosemary Griffin describes in this week’s Oilgram News column, Regulation and Environment.

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Shell capitalizes on low oil to drive advancement for gas, LNG

Shell has become the first major to take proper advantage of the low oil price, taking out a company that it has long been interested in buying: BG. And the reason is a good one: not growth for its own sake but using BG’s assets to help it achieve its own goals faster. The transaction is underpinned by BG’s asset value, it said.

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Regulation & Environment: Drones working alongside Alaska oil exploration

In this week’s Oilgram News column, Regulation & Environment, Tim Bradner discusses how various tools under the category of “drones” are being used in a number of ways to meet the challenges of exploring in that region.

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New Frontiers: Suddenly, the oil and gas potential of the Arctic looms large

The possibility of producing oil and natural gas from the Arctic region was always seen as a possibility, one that became more likely as the polar ice cap receded. But the pace of interest has surged, as Gary Gentile discusses in this week’s Oilgram News column, New Frontiers.

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New Frontiers: the little company looking to make a big splash looking for oil in the Arctic

The untapped oil and natural gas reservoirs of the Arctic, and specifically, the Barents Sea, are one of the next battlegrounds for companies seeking new reserves. In this week’s Oilgram News column, New Frontiers, John Roberts looks at that search, and a small company that is trying to be a leader in this effort.

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At the Wellhead: Norwegian renaissance may be on tap

In this week’s Platts Oilgram News column, At the Wellhead, Patrick McLoughlin takes a look at how the mood in Norway has gone from gloom to optimism after recent drilling results.

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Platts-Oil Council podcast(s): Alaska is the theme

We took the occasion of this week’s Americas Assembly of The Oil Council to do not just one, but two joint Platts-Oil Council Oil Matters podcasts. But both had a common theme: Alaska.

In the first, Buccaneer Energy’s CEO talks about how a shallow water Gulf of Mexico explorer chose to turn its attention to drilling in the Cook Inlet, and how various state tax changes have helped make the economics work.

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In the Alaska oil patch, there really is only one issue that matters

They talked about a lot of things at the Alaska Oil & Gas Congress in Anchorage earlier this week. There’s the issue of a gas pipeline to take natural gas away from the North Slope. Does it go to Alberta and into the North American grid, or does it go to Valdez for export as LNG?

And what about the tax system? Is it discouraging production from existing fields? And how about the federal government? Will it bless more production in places long guarded by an environmental velvet rope?

But at the end of the day, there’s really only one issue in Alaska.

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Introspection at an Alaskan oil conference: production sliding, reserves untapped

As the Alaska state government announced Tuesday that the state’s residents were going to get their smallest dividend check since 2006 from its permanent oil fund — $1,174 compared to $1,281 last year — many of the industry’s leaders were just down the street, talking about a future both optimistic and pessimistic at the same time.

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A few observations about the IEA release of strategic oil stocks

A few thoughts on this week’s IEA decision to release strategic oil stocks around the world:

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