Slope

Few Small Gains Avoid Overall Dips; Northeast Plunges

Nobody is proclaiming winter as “over” yet, but the worst is past as far as many are concerned. The downhill slope for Northeast citygates grew even steeper Friday, and most other points joined them with more mundane losses. Several scattered points ran against the overall market grain by being flat to about a dime higher.

January 18, 2011

Industry Briefs

Denali — The Alaska Gas Pipeline has launched open seasons for the U.S. and Canadian portions of the Denali Project, which would carry gas from Alaska’s North Slope to Lower 48 markets. Both open seasons, approved by the Federal Energy Regulatory Commission in June, will last 90 days, ending on Oct. 4 (see NGI, June 14). The project, owned by subsidiaries of BP plc and ConocoPhillips, is competing against a state-sanctioned pipeline project sponsored by TransCanada Corp. and ExxonMobil Corp. (see NGI, May 3).

July 12, 2010

FERC Adjusts Alaska Open Season Rule

With competing open seasons for a gasline from Alaska’s North Slope to Serve Lower 48 markets drawing near, FERC last Thursday issued a final rule that aligns terminology in standards of conduct for Alaska gas pipeline project open season participants to be consistent with the Commission’s Order No. 717.

March 22, 2010

FERC Tweaks Alaska Gasline Open Season Rule

With competing open seasons for a gasline from Alaska’s North Slope to Serve Lower 48 markets drawing near, FERC on Thursday issued a final rule that aligns terminology in standards of conduct for Alaska gas pipeline project open season participants to be consistent with the Commission’s Order No. 717.

March 19, 2010

FERC Tweaks Alaska Gasline Open Season Rule

With competing open seasons for a gasline from Alaska’s North Slope to Serve Lower 48 markets drawing near, FERC on Thursday issued a final rule that aligns terminology in standards of conduct for Alaska gas pipeline project open season participants to be consistent with the Commission’s Order No. 717.

March 19, 2010

Producers Win One in Point Thomson Dispute

A Superior Court judge in Alaska has ruled that the state erred when it terminated the North Slope Point Thomson unit of ExxonMobil Corp., BP plc, Chevron Corp. and ConocoPhillips. The move was said to violate the companies’ constitutional right to due process.

January 18, 2010

Alaska Judge Rules for Producers in Point Thomson Dispute

A Superior Court judge in Alaska has ruled that the state erred when it terminated the North Slope Point Thomson unit of ExxonMobil Corp., BP, Chevron and ConocoPhillips. The move was said to violate the companies’ constitutional right to due process.

January 14, 2010

Alaska Gasline Licensee Hints at Upping Loan Guarantees

Less than a week after the award of a license giving his company the concession to construct an Alaska North Slope gas pipeline to the Lower 48, the chief executive of TransCanada Corp. has called attention to potential cost hikes with remarks suggesting that the company might seek increased federal loan guarantees for the project.

December 15, 2008

Consultant: LNG Could be Western Canada’s Lifeboat

It’s a long way off, and some think it will never get built, but a gas pipeline from Alaska’s North Slope to serve Lower 48 markets via Canada would be a mixed blessing to the Canadian market, a Calgary-based consultant said last week, noting Canada’s gas industry needs to prepare now to preserve the value of its product.

December 15, 2008

Talk of Upping Gasline Loan Guarantees Rattles Some in Alaska

Less than a week after the award of a license giving his company the concession to construct an Alaska North Slope gas pipeline to the Lower 48, the chief executive of TransCanada Corp. has called attention to potential cost hikes with remarks suggesting that the company might seek increased federal loan guarantees for the project.

December 15, 2008