Fairbanks Newswire

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Results 1 - 20 of 24 for "u:petroleumnews.com" in Fairbanks, AK

  1. AG questions HarvestRead the original story

    Friday | Petroleum News

    Attorney General Craig W. Richards is raising antitrust concerns over a proposed sale of the Point MacKenzie liquefied natural gas terminal to a Hilcorp Alaska LLC subsidiary. In comments filed with the Regulatory Commission of Alaska on Dec. 12, Richards said that he would be 'unlikely to consent to the sale' until after regulators conclude a rate case filed by Fairbanks Natural Gas LLC, which is the primary customer of the terminal.

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  2. A critical junctureRead the original story

    Friday Dec 19 | Petroleum News

    With estimated costs higher than anticipated and a concession agreement due to expire at the end of December, the board of the Alaska Industrial Development and Export Authority faces some tough decisions over the future of the Interior Energy Project, a project designed to bring affordable North Slope natural gas to consumers in Fairbanks. The project involves the construction of a liquefied natural gas plant on the Slope; a trucking operation to ship LNG from the plant to Fairbanks; LNG storage and liquefaction facilities in Fairbanks; and utility distribution pipelines for delivering gas to customers.

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  3. FNG signs up with Hilcorp for Fairbanks gas demandRead the original story

    Friday Dec 5 | Petroleum News

    As part of the sale of its liquefied natural gas terminal to Hilcorp Alaska LLC, Fairbanks Natural Gas LLC is entering a supply contract with a Hilcorp midstream subsidiary.

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  4. Many moving partsRead the original story

    Nov 14, 2014 | Petroleum News

    With many stakeholders, several major interrelated components and an aggressive timescale, the Interior Energy Project presents something of a challenge. The project, with funding support from AIDEA, or the Alaska Industrial Development and Export Authority, is designed to bring affordable natural gas to Fairbanks and the Alaska Interior via a to-be-constructed liquefied natural gas plant on the North Slope and an LNG trucking operation on the North Slope Haul Road.

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  5. The Producers 2014: Changing landscapes and the evolution of producers, investorsRead the original story

    Nov 14, 2014 | Petroleum News

    Optimism in Alaska's oil and gas industry is bringing an influx of capital investment into the many units and oil fields on state-leased lands. Companies are working to improve production and bring development opportunities forward.

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  6. Mining Explorers 2014: A quiet year for Alaska explorersRead the original story

    Oct 31, 2014 | Petroleum News

    Mineral exploration spending in Alaska will likely struggle to top US$80 million for 2014, a dramatic fall from the US$365.1 million pinnacle reached in 2011. 'The din of mineral industry activity that is normally a part of the summer months in Alaska is decidedly muted this year as the global mining industry attempts to lift itself off the bottom of a plus-18-month-long slump,' Avalon Development President Curt Freeman opined in a June column written for Mining News.

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  7. Mining Explorers 2014: SMM Pogo invests in golden futureRead the original story

    Oct 31, 2014 | Petroleum News

    Continuing its success in finding new deposits of high-grade gold in the shadow of the mill at the Pogo Mine located in Interior Alaska, Sumitomo Metal Mining Pogo - a joint venture between Sumitomo Metal Mining Company and Sumitomo Corp. - ramped up exploration spending at its Interior Alaska operation to US$17 million in 2014. 'Some of the companies are reducing their exploration costs; we aren't doing that,' Sumitomo Metal Mining Pogo General Manager Chris Kennedy informed attendees of the spring Alaska Miners Association convention in Fairbanks.

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  8. Mining Explorers 2014: Freegold Ventures Ltd.Read the original story

    Oct 31, 2014 | Petroleum News

    Freegold Ventures Ltd. has a portfolio of four gold exploration properties in Alaska. In recent years, the company has focused its exploration primarily on Golden Summit, a 6-million-ounce bulk-tonnage gold project located roughly 20 miles northeast of Fairbanks and four miles from Kinross Gold Corp.'s Fort Knox Mine.

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  9. Mining Explorers 2014: NovaCopper Inc.Read the original story

    Oct 31, 2014 | Petroleum News

    NovaCopper Inc. has nearly reached its preliminary goal of defining 10 billion pounds of high-grade copper at the Upper Kobuk Mineral Projects, a long-term partnership between NovaCopper and NANA Regional Corp. The alliance combines Bornite and a number of other mineral prospects on NANA-owned lands with the world-class Arctic deposit and dozens of similar volcanogenic massive sulfide prospects located on NovaCopper's state, federal and patented mining claims in the Ambler Mining District. In March, NovaCopper provided an updated resource that increases the contained copper at Bornite by 2.56 billion pounds.

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  10. Mining Explorers 2014: Ucore Rare Metals Inc.Read the original story

    Oct 31, 2014 | Petroleum News

    Ucore Rare Metals Inc. carried out 2014 exploration programs at both its Bokan-Dotson Ridge rare earth elements project in Southeast Alaska and Ray Mountain REE-tin project in the Interior region of the state. A C$7.8-million private placement completed in April, along with C$2.8 million of working capital Ucore had on the books at the end of March, is anticipated to provide ample funds to meet the company's needs into 2015, including a C$2.5-million drill program at Bokan Mountain.

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  11. What is the solution?Read the original story

    Sep 12, 2014 | Petroleum News

    The limitations and risks associated with the Railbelt power grid, the aging electricity artery that connects Alaska communities from Homer in the southern Kenai Peninsula north to Fairbanks in the Interior, have for several years formed the subject of lively debates and not too many decisions. And on Sept.

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  12. Guide to Alaska natural gas projectsRead the original story

    Sep 12, 2014 | Petroleum News

    Part 1 of review by Office of the Federal Coordinator of recent natural gas projects; Alaska LNG, REI, highway line in this part Ideas for moving Prudhoe Bay's natural gas bounty off Alaska's North Slope are as plentiful as cottonwood seed in the June air. Some are modest: Truck small amounts of gas to Fairbanks consumers.

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  13. SB 21 recall defeatedRead the original story

    Aug 22, 2014 | Petroleum News

    The results were still unofficial as Petroleum News went to print, but at 80,508 opposed and 73,628 in favor, ballot measure No.

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  14. AK-WA Connection 2014: IntroductionRead the original story

    Aug 22, 2014 | Petroleum News

    Bringing their unique goods and services into play in the dynamics of a revitalizing Alaska economy is part of what makes the enduring commercial relationship between Alaska and Washington work.

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  15. AK-WA Connection 2014: Railroad rises to market challengesRead the original story

    Aug 22, 2014 | Petroleum News

    One critical link in the supply chain that binds Alaska and Washington state is the Alaska Railroad.

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  16. AK-WA Connection: Specialist runs 100-bed camp in GalenaRead the original story

    Aug 22, 2014 | Petroleum News

    Taiga Ventures specializes in providing full service camps on relatively short notice at remote locations throughout Alaska.

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  17. AK-WA Connection 2014: Authority leads oil, gas developmentRead the original story

    Aug 22, 2014 | Petroleum News

    Under the guidance of the Parnell administration, the Alaska Industrial Development and Export Authority is taking a leading role in driving oil and gas development much in the same way that it has nurtured and helped to finance mining and infrastructure projects across the state during the past 47 years.

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  18. Supplemental EIS for in-state gas lineRead the original story

    Aug 15, 2014 | Petroleum News

    The Alaska Gasline Development Corp. said Aug. 5 that the U.S. Army Corps of Engineers will prepare a draft supplemental environmental impact statement for the ASAP, Alaska Stand Alone Pipeline Project.

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  19. Borough protests FNG proposed rate hikeRead the original story

    Aug 1, 2014 | Petroleum News

    Attorney Robin Brena says Fairbanks North Star Borough wants RCA to investigate rate filing, including split of FNG into segments Fairbanks Natural Gas LLC filed a revenue requirement and cost of service study with the Regulatory Commission of Alaska on June 30, proposing a rate increase of 6.92 percent.

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  20. Explorers 2014: Doyon doggedly pursuing exploration in the InteriorRead the original story

    Jul 18, 2014 | Petroleum News

    The vast majority of oil and gas exploration in Alaska takes place on the North Slope and in the Cook Inlet basin, but Doyon Ltd. has been searching in the middle of the state.

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