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With protest in Oregon over, Shell prepares for Arctic drilling

...Survey estimates U.S. Arctic offshore reserves at 26 billion barrels of recoverable oil and 130 trillion cubic feet of natural gas.Shell officials have said offshore Alaska offers some of the most prolific, undeveloped hydrocarbon basins in the...
Shell to cut jobs to cope with long period of cheap oil

...agreed to sell a 33 percent stake in Japan's Showa Shell Sekiyu for around $1.4 billion.Production of oil and natural gas fell 11 percent to the equivalent of 2.73 million barrels a day during the second quarter, partly due to the sale...
Walker travels to Pentagon to make case for Alaska troops

...President Obama's trip to Alaska next month. Walker plans to speak to the president about the importance of a proposed natural gas pipeline that could move North Slope gas to market. He will also bring up infrastructure that could enhance energy...
Why airlines keep pushing biofuels: They have no choice

...Australia, China, Brazil, Japan and the United Arab Emirates.Cars, trucks and trains can run on electricity, natural gas, or perhaps even hydrogen someday to meet emissions rules. But lifting a few hundred people, suitcases and cargo...
Regional News
South getting first big wind farm soon

...renewable energy portfolios.But other factors are already forcing change in the region's energy market. Abundant natural gas, coal being phased out and aging nuclear plants are creating a potentially robust market for wind power as utilities...
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US oil and natural gas rig count drops by 9 to 859

...Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by nine this week to 859.Houston-based...Friday 635 rigs were seeking oil and 221 explored for natural gas. Three were listed as miscellaneous. A year ago, with...
State corp. to buy gas company for $52M

...more than $50 million worth the natural gas assets, the state corporation...AIDEA to purchase Pentex Alaska Natural Gas Company, LLC, and its assets, including Fairbanks Natural Gas, under the umbrella of its development...
Oil and gas turn their backs on coal as climate deal nears

...three fossil fuels: coal, oil and natural gas.Lately you could get the share in power generation. Natural gas plants - many oil companies Paris on Tuesday.He called natural gas a "clean-burning ally to renewables...
State authorized to export LNG to non-free-trade countries

...proposed by the Alaska LNG project would bring North Slope natural gas to liquefaction and export facilities being considered for construction in Nikiski. Where the liquefied natural gas, LNG, could go from Nikiski is still to be determined...
Feds propose more safety valves for gas lines

...going back decades that could have been avoided.The Transportation Department proposal would cover new or replaced natural gas lines serving multi-family dwellings, small businesses and homes not already covered under a 2009 mandate.The National...
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