View Post

Good news for oil prices; Shell quits over climate disagreement

In Home, News by wp_sysadmin

Banks Lift Oil Price Forecasts for 2019 Christopher Alessi, The Wall Street Journal, April 2, 2019 Banks raised their forecasts for the price of Brent crude, the global oil benchmark, in 2019, as the market continues to be supported by production cuts led by the Organization of the Petroleum Exporting Countries, as well as geopolitical risks to supply. Brent crude … read more

View Post

Alaska Center shocks Alaska – drops opposition to resource development, jobs, revenue;

In Home, News by wp_sysadmin

Breaking:   Monday, April 1 – In a stunning reversal, leaders from the Alaska Center…for the environment announced that they can no longer keep up the charade of pretending that responsible resource development, jobs and revenue for the state are villains that must be stopped. “We’ve reached a point where we can no longer say with conviction that resource development is … read more

View Post

Supermajors to the rescue for AKLNG? Mining rocks for Alaska!

In Home, News by wp_sysadmin

Supermajors Set Out To Save Alaska LNG Tim Daiss, OilPrice.com, March 28, 2019 Technical teams from the Alaska Gasline Development Corp. (AGDC) and supermajors BP and ExxonMobil will meet next week in Houston to begin a review of the proposed $43 billion Alaska LNG project in an effort to find potential cost reductions so the massive capex project can move … read more