Oil Market Update (April 16, 2013)
Oil – A brief overview of oil price developments, supply and demand and significant market movers.
Articles Tagged "alaska"
Shell Announces No Arctic Drilling for 2013
Oil – Sydney Morning Herald reported that Royal Dutch Shell will not drill for oil in the Arctic seas this year, a decision that was widely expected following a series of major setbacks in 2012.
Ucore Sets Sights on 2016 Production Start for Alaskan Project
Rare Earth – The latest prices, news and events from across the global rare earths market.
US Plans to Review Arctic Oil Drilling After Shell Incidents
Oil – Bloomberg reported that the United States Interior Department will review the oil and gas exploration in the Arctic waters in Alaska, a move that was prompted by the mishaps that took place in the Royal Dutch Shell Plc (LON:RDSA) drilling rig recently.
Ucore Rare Metals Attracting Interest from DOD
Rare Earth – With many rare earth juniors struggling amid a poor pricing environment, Ucore Rare Metals is gaining a reputation among investors as a company to watch as it advances its Bokan Mountain HREE property in Alaska.
Millrock Resources Announces New Gold Zone Discovery in Alaska
Gold – Millrock Resources Inc. (TSXV:MRO) announced the results from its 2012 drilling program at the Council gold property in Alaska. The exploration drilling at the Elkhorn and Upper Ophir prospects totaled 1,242 meters in nine core holes.
Alaska LNG: A New Global Competitor?
Gas – Heavyweights BP, ConocoPhillips, ExxonMobil and TransCanada are backing a proposal to export natural gas from Alaska that is likely to add pressure to other projects in the area.
Major Energy Companies Agree on Plan for Alaska-Asia Natural Gas Pipeline
Gas – The Wall Street Journal reported that ExxonMobil Corp. (NYSE:XOM), ConocoPhillips (NYSE:COP), BP plc (LSE:BP) and TransCanada Corp. (TSX:TRP) have agreed to merge two competing natural gas pipeline projects into a single pipeline that will export natural gas from Alaska's North Slope to Asia.
Alaska Enlists ConocoPhillips, ExxonMobil and BP in LNG Export Plan
Gas – Forbes reported that Alaska has given ConocoPhillips (NYSE:COP), ExxonMobil Corp. (NYSE:XOM) and BP plc (LSE:BP) until the end of October to develop a plan to transport natural gas from the state's North Slope to a port where it will be condensed into liquefied natural gas and exported to Asian markets.
Miranda Gold Abandons Alaskan Exploration Project
Gold – Miranda Gold Corp. (TSXV:MAD) announced that it has terminated its exploration agreement with Agnico-Eagle Mines Ltd.'s (TSX:AEM) US subsidiary. The two companies had been exploring Miranda's Alaskan Ester Dome project.
