Energy

Alaska pauses plan to borrow $1 billion for oil-company payouts

State officials confirmed Tuesday that a billion-dollar bond issue is on hold amid a pending lawsuit by two Juneau men. The bonds, authorized by the… Continue reading

 

State reduces fine for NordAq wells

Oil and gas company NordAq Energy will pay less in fines than the state originally proposed for not plugging two Cook Inlet wells before the… Continue reading

 

Cook Inlet Energy fined over well pressure at Osprey platform

Cook Inlet Energy has received fines totaling $50,000 from the Alaska Oil and Gas Conservation Commission (AOGCC) — $25,000 for failing to test a new… Continue reading

 

AGDC selects shortest, least expensive Spur Highway option

The Alaska Gasline Development Corporation announced Wednesday its chosen route for moving the Kenai Spur Highway around the natural gas liquefaction plant and export terminal… Continue reading

AGDC selects route for Kenai Spur Highway around LNG plant

The Alaska Gasline Development Corporation has chosen a route for the Kenai Spur Highway around its planned natural gas liquefaction plant. The preferred route, announced… Continue reading

Despite pending lawsuit, Gov. Bill Walker signs oil and gas borrowing bill

Despite a pending lawsuit, Gov. Bill Walker on Wednesday signed legislation allowing the state of Alaska to borrow up to $1 billion in order to… Continue reading

Drift River dismantling may start in early 2019

With oil expected to begin flowing in September through a reconfigured pipeline system connecting fields on the west side of Cook Inlet to the Andeavor… Continue reading

HEA bills to rise July 1

Homer Electric Association power bills will rise July 1, driven by the cost of the Cook Inlet natural gas that fuels about 90 percent of… Continue reading

HEA secures lower price on gas deal with Furie

The price of Cook Inlet natural gas continues to trend downward as utilities and producers agree to contracts beyond 2018. Homer Electric Association has signed… Continue reading

Gasline project to announce Spur reroute June 20

Nikiski residents who’ve been waiting since 2015 to find out whether a proposed relocation of the Kenai Spur Highway will run on or near their… Continue reading

CINGSA plans backup systems

After losing some capacity in March to a sand-clogged well and failed dehydration unit, Cook Inlet Natural Gas Storage Alaska (CINGSA) is planning to spend… Continue reading

Hilcorp sole bidder for Cook Inlet hydrocarbon leases

Cook Inlet’s largest oil and gas extractor, Houston, Texas-based Hilcorp, will be leasing an additional 16,636 acres of state subsurface mineral rights after it was… Continue reading

BlueCrest fined $20,000 for 2 safety valve violations

On April 26 the Alaska Oil and Gas Conservation Commission (AOGCC) issued a $20,000 fine to the Cook Inlet hydrocarbon extractor BlueCrest Alaska Operating for… Continue reading

CINGSA well gets first clearing of sand build-up

Drivers on Kenai’s Bridge Access Road during the past few weeks might have noticed a crane rising above the trees opposite the intersection with Beaver… Continue reading

Tie vote jeopardizes HEA solar project

A Homer Electric Association plan to build Alaska’s highest-capacity solar farm near HEA’s Anchor Point substation is in limbo after the cooperative’s eight directors tied… Continue reading

Funding Cook Inlet: Legislature debates bonding for oil and gas tax credits

Sometime between 2014 and 2015, Alaska state employees distributed a handout at oil and gas trade shows featuring a cartoon moose holding up a stack… Continue reading

Oil spill reported at Hilcorp’s Drift River Terminal

The state is investigating an oil spill reported at Hilcorp’s shipping terminal on the west side of Cook Inlet. The spill occurred at the Drift… Continue reading

Hilcorp details plans for cross-inlet oil pipeline

Editor's note: This story has been changed to correct the type of vessel that presently carries oil across Cook Inlet.  By fall 2018, oil produced… Continue reading

LNG project to use Kenai city water

If the Alaska Gasline Development Corporation builds its planned liquefaction plant and export terminal in Nikiski, its water will come from the city of Kenai,… Continue reading

Alaska LNG plans water testing, drilling for summer work

The managers of the Alaska LNG Project are moving forward on field work planned for this summer, including water tests, offshore work and borehole drilling… Continue reading