View Post

China invests in LNG; ConocoPhillips boosts output in AK; global events impact at the pump

In Home, News by wp_sysadmin

China acquires 20 percent stake in Novatek’s Arctic LNG 2 Project Malte Humpert, ArcticToday, April 30, 2019 Building on the success of that first project, Novatek is thus far sticking with the same project partners. As the company announced, the China National Petroleum Corporation (CNPC) and the China National Offshore Oil Corporation (CNOOC) each secured a 10 percent share, mirroring … read more

View Post

Marathon & LNG; Banks becomes strategist on Climate Committee

In Home, News by wp_sysadmin

Marathon Submitted Application To FERC To Modify LNG Plant Jennifer Williams, KSRM 920 AM, April 29, 2019 Marathon Petroleum submitted a request, dated on April 12, to the Federal Energy Regulatory Commission requesting authorization to construct and install modifications to the existing Kenai LNG Plant located in Nikiski. Referred to as ‘Trans-Foreland’ Pipeline Company, who operates under Marathon, is listed … read more

View Post

O’Rourke’s anti-oil campaign; US Fish & Wildlife attacks BLM

In Home, News by wp_sysadmin

O’Rourke might halt new oil and gas drilling on federal land Scott Sonner, AP News, April 25, 2019 The Democratic presidential hopeful told reporters while campaigning in Nevada on Thursday that the nation needs to rethink how it protects its public lands and “keep them from being diminished in size as has happened under” the Trump administration. O’Rourke said that … read more