Arctic

The C$7 billion (US$5.6 billion) Mackenzie Gas Project has put out a message that discoveries have to be big — or very near its route — to qualify for connection to its proposed pipeline for Canadian arctic production.

Freshman Sen. Mel Martinez (R-FL) said he voted to open up Alaska’s Arctic Natural Wildlife Refuge (ANWR) to energy exploration and production earlier this month after receiving assurances from the Bush administration that the current moratorium on oil and natural gas drilling off Florida’s Gulf Coast would be extended for five years to 2012.

Freshman Sen. Mel Martinez (R-FL) said he voted last week to open up Alaska’s Arctic Natural Wildlife Refuge (ANWR) to energy exploration and production after receiving assurances from the Bush administration that the current moratorium on oil and natural gas drilling off Florida’s Gulf Coast would be extended for five years to 2012.

Cash-heavy energy producers have to begin making some capital investments soon if they expect liquefied natural gas (LNG) and Arctic gas to make up the projected natural gas shortfall in North America, said a senior analyst at BP North America Gas & Power last week.

Cash-heavy energy producers have to begin making some capital investments soon if they expect liquefied natural gas (LNG) and Arctic gas to make up the projected natural gas shortfall in North America, said a senior analyst at BP North America Gas & Power this week.

Separating the Arctic National Wildlife Refuge (ANWR) issue from the ongoing energy bill debate in Congress significantly increases the chances that a comprehensive energy bill will be passed by the new Congress, former Republican U.S Senator and 9/11 Commission member Slade Gorton told an energy industry conference Thursday in Seattle.

Separating the Arctic National Wildlife Refuge (ANWR) issue form the ongoing energy bill debate in Congress significantly increases the chances that a comprehensive energy bill will be passed by the new Congress, former Republican U.S Senator and 9/11 Commission member Slade Gorton told an energy industry conference Thursday in Seattle.

Not all of the elements are in place to commercialize the two major proposed Alaskan and Canadian natural gas pipelines, but progress is being made. ExxonMobil Corp. is “awaiting the right conditions for development” because the North American market will need gas from both projects in the next decade, a company executive said Tuesday.

Not all of the elements are in place to commercialize the two major proposed Alaskan and Canadian natural gas pipelines, but progress is being made. ExxonMobil Corp. is “awaiting the right conditions for development” because the North American market will need gas from both projects in the next decade, a company executive said Tuesday.