Where Does All That Oil Go? Heading downstream with Alaska-produced oil
Isaac Stone Simonelli, Alaska Business Monthly, October 4, 2018
The Last Frontier is far more than a raw resource extraction point for North Slope crude oil, according to a manager of one of the three Alaska in-state oil refineries. “Much of Alaska’s crude oil remains in state and is refined into commercial and residential product used across the state,” says Cameron Hunt, who is the vice president of and manages the Andeavor Kenai Refinery. “The remaining crude oil can be shipped elsewhere, such as refineries and other sources along the West Coast of the United States and around the world.”
Our Take: Hats off to Andeavor for their commitment to Alaska “For more than forty-nine years, Andeavor has been committed to utilizing Alaska crude—and refining it in state—to produce the fuels that consumers within the state need to keep their lives moving.”
Global energy bosses send Trump a message: world needs Russian gas
Dmitry Zhdannikov and Denis Pinchuk, Reuters, October 4, 2018
Global energy bosses assembled in Moscow on Wednesday said the world needed Russian gas to keep the lights on, in a clear message to U.S. President Donald Trump who has warned he may impose sanctions on Russian gas export projects. Trump’s administration, citing what it calls Russia’s failure to act as a good global citizen, has said it may take steps to block the Nord Stream 2 gas pipeline, which will increase the volumes Russia can export to northern Europe. The U.S. position has prompted a backlash from the Kremlin, and from business groups in Germany, and on Wednesday leading figures in the global energy industry attending a forum in the Russian capital joined the chorus.
Alaska Airlines to provide service to the North Slope for BP employees
Annie Zak, Anchorage Daily News, October 4th, 2018
BP Alaska has signed a long-term contract with Alaska Airlines to provide charter service to the North Slope for workers, an executive told employees this week. The company’s aviation team “has been looking at ways to maintain our dedicated service to Deadhorse while reducing costs,” Neil Loader, vice president of operations for BP Alaska, said in a Monday email to employees. Currently, BP workers fly to the North Slope on Shared Services, a co-venture between BP and ConocoPhillips. Shared Services transports more than 27,000 employees and contract workers every month between Anchorage, Fairbanks and the North Slope, according to the ConocoPhillips website.