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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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EIA: Permian region expected to drive US crude oil production growth through 2019

Green Car Congress

The US Energy Information Administration (EIA) August Short-Term Energy Outlook (STEO) forecasts that US crude oil production will average 10.7 million b/d in 2019. This national increase is almost entirely driven by tight oil. million b/d in 2019. million b/d of GOM production in 2019. million b/d in 2019.

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EIA forecasts US crude oil production rate to break record high in 2018 and again in 2019; 10.3 and 10.8 million b/d

Green Car Congress

In its latest edition of the Short-Term Energy Outlook , the US Energy Information Administration (EIA) forecasts that US crude oil production will average 10.3 EIA also forecasts that 2019 crude oil production will rise further to an average of 10.8 US crude oil production averaged an estimated 9.3 million b/d in 2019.

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EPA proposes new rulemaking for sharp cuts in methane emissions from oil and gas industry

Green Car Congress

The US Environmental Protection Agency (EPA) is proposing comprehensive new regulations to reduce methane emissions from the oil and natural gas industry—including, for the first time, reductions from existing sources nationwide. Source: EPA. billion a year.

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California 2020 crude average carbon intensity value increased 7%

Green Car Congress

Every year, the California Air Resources Board (ARB) posts an Annual Crude Average carbon intensity calculation, using the the Oil Production Greenhouse Gas Emission Estimator (OPGEE) Model. Crude oil from California, Alaska and 11 countries account for 95% of the volume supplied to California in any given year. Source: CARB.

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Way cleared for major Alaska North Slope natural gas pipeline project

Green Car Congress

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. —Alaska Natural Resources Commissioner Dan Sullivan. Alaska Pipeline Project.

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11 Intriguing Engineering Milestones to Look for in 2023

Cars That Think

In subsequent years, the Far North Fiber project will lay down a cable through the Northwest Passage, connecting Iceland to Greenland, then Canada, Alaska, and finally Japan. This first microGEO will launch in early 2023 , and start providing service to Alaska, tripling the state’s satellite bandwidth while cutting its cost.

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