Morning Headlamp — Another new face at AGDC

According to an AGDC press release, Rosetta Alcantra, former President of E3 Environmental, will become AGDC’s Vice President of Communications. “I am pleased to have Ms. Alcantra join the AGDC team,” said President, Keith Meyer. “As AGDC takes the leadership for the Alaska LNG project, it is important that we have qualified talent to lead our communication efforts into the future.”  “Rosetta has already been involved in stakeholder relations for Alaska LNG and other Alaskan oil and gas projects, so is able to hit the ground running.  I am pleased to have a strong leader for engaging the diverse stakeholders in Alaska. Understanding the perspectives and building positive relationships throughout the State will be critical for this important Alaska project,” says Meyer. Alcantra will begin her tenure at AGDC on October 10.

Alaska Gov. Bill Walker said commitments to the state energy sector have paid off in the form of a major oil discovery in the state’s North Slope region. “With an oil pipeline that is three-quarters empty, this is good news for the state of Alaska,” the governor said in a statement. “My administration will continue to work with the industry to identify new development opportunities in Alaska’s oil and gas sector, and provide appropriate investment incentives given our current fiscal climate,” the governor said.

According to Oil Price, yesterday, Saudi Arabia adjusted most of its official selling prices lower for its various grades to various geographies for November. Their OSPs have both been adjusted to be more competitive for November. Saudi exports to the U.S. in September have climbed to a 5-month high, back above the 1 million barrel-per-day mark for the first time since April.


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First Reads

Alaska’s 10 Billion Barrel Oil Discovery: What You Need To Know
Forbes, Ellen Wald, October 6, 2016

Saudis Cut Oil Prices To Asia, Europe
Oil Price, Matt Smith, October 5, 2016

Despite silver-linings, headwinds remain for local O&G industry
Alaska Highway News, Johnny Wakefield, October 5, 2016

Alaska gushes over new oil discovery in the North Slope
UPI, Daniel J. Graeber, October 5, 2016