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First oil flows from Alaska reserve set aside in '23

2016-03-03 08:49:02| Energy - Topix.net

This Feb. 9, 2016, photo shows ice forming on pipelines built near the Colville-Delta 5, or as it's more commonly known, CD5, drilling site on Alaska's North Slope. ConocoPhillips in October 2015 became the first to drill for oil in the National Petroleum Reserve-Alaska, a region the size of Indiana set aside by President Warren G. Harding in 1923.

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Institute Index: Dirty tar sands oil flows to South's refineries despite Keystone XL rejection

2015-11-14 11:50:04| Oil & Gas - Topix.net

Year in which TransCanada's Keystone Pipeline carrying carbon-heavy tar sands oil from Canada to the United States was approved by the Bush administration: 2008 Year in which the first phase of the pipeline, from eastern Alberta to Nebraska and then on to Illinois, was completed: 2010 Year of completion for the third phase, known as the Gulf Coast Extension and running from Oklahoma to refineries at Port Arthur, Texas: 2014 Year in which another piece of the Gulf Coast Extension, connecting to refineries in Houston, is expected to begin operating: 2016 Date on which President Obama, citing concerns about climate change, rejected the fourth phase of the project, known as the Keystone XL, which would have essentially duplicated the initial phase between Alberta and Nebraska: 11/6/2015 Percent more greenhouse gas emissions produced from an average gallon of tar sands oil than from ... (more)

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Oil Search to reap PNG LNG cash flows as project deemed complete

2015-02-06 09:59:58| Oil & Gas - Topix.net

Oil Search is set to enjoy a bounty of more than $US800 million to redirect toward LNG expansion after the $US19 billion Papua New Guinea liquefied natural gas project was deemed financially "complete" for its lenders. Some $US700 million of the total is Oil Search's first share of cash flows from the project since it began production eight months ago while the rest is the funds held in escrow to satisfy the company's lenders that will now be released.

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Oil Search to reap PNG LNG cash flows as project deemed complete

2015-02-06 08:38:10| Energy - Topix.net

Oil Search is set to enjoy a bounty of more than $US800 million to redirect toward LNG expansion after the $US19 billion Papua New Guinea liquefied natural gas project was deemed financially "complete" for its lenders. Some $US700 million of the total is Oil Search's first share of cash flows from the project since it began production eight months ago while the rest is the funds held in escrow to satisfy the company's lenders that will now be released.

Tags: search complete project cash

 

First oil flows from North Sea field

2014-11-03 12:14:30| BBC News | Business | UK Edition

Oil production starts at the major Golden Eagle development in the UK North Sea, according to operators Nexen Petroleum UK.

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