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BP to sell Alaska business to Hilcorp for $5.6B

Green Car Congress

BP has agreed to sell its entire business in Alaska to Hilcorp Alaska, based in Anchorage, Alaska. The sale will include BP’s entire upstream and midstream business in the state, including BP Exploration (Alaska) Inc., that owns all of BP’s upstream oil and gas interests in Alaska, and BP Pipelines (Alaska) Inc.’s

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Twelve and Alaska Airlines to collaborate with Microsoft to advance sustainable aviation fuel derived from recaptured CO2 and renewable energy

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Through the first-of-its-kind agreement, Twelve, Alaska, and Microsoft will work to advance production and use of Twelve’s E-Jet, a low-carbon jet fuel produced by a power-to-liquids process leveraging the company’s carbon transformation technology. SAF is a core part of Alaska’s five-part pathway to net zero by 2040.

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Taking the Long Way Home From Alaska

Baua Electric

7, 1941, the United States, in cooperation with the Canadian authorities, set out to build a highway from British Columbia to Alaska, then a territory and viewed as vulnerable to attack by Japan. In preparation, my son found a 1972 road map of western Canada and eastern Alaska that has remained fairly accurate.

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EIA: proved reserves of US natural gas established a new record; oil reserves increased by 16% at the end of 2021

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In 2021, proved reserves of natural gas set a new record in the United States, and proved reserves of crude oil and lease condensate increased, but not quite to pre-pandemic levels, according to the US Energy Information Administration (EIA). Production of existing reserves. billion barrels), and Alaska the third-largest (31%, 0.7

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Way cleared for major Alaska North Slope natural gas pipeline project

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Proposed route for the Alaska Pipeline project. Alaska Governor Sean Parnell announced that two major milestones have been met in the state’s effort to bring Alaska’s North Slope natural gas to Alaskans and markets beyond. The North Slope holds more than 35 trillion cubic feet of discovered natural gas.

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IHS Markit: Alaska North Slope a super basin ready for resurgence; production to grow 40% in 8 years

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Based on recent discoveries, the IHS Markit Plays and Basins: Alaska North Slope (ANS) Basin; Resurgence in an Arrested, Late-emerging Super Basin analysis estimates that the ANS Basin offers 38 billion barrels of oil equivalent (BOE) in remaining recoverable resources (50 trillion cubic feet (TCF) of gas, and 28 billion barrels of oil).

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Alaska Governor proposes $355M financial package for LNG plant on North Slope

Green Car Congress

Alaska Governor Sean Parnell proposed a $355-million financial package for construction of a natural gas liquefaction plant on Alaska’s North Slope and a Fairbanks-area natural gas distribution system through the private sector, and an area-wide utility. The target for first delivery is the latter part of 2015.

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