Conoco will spend more on Alaska and Canada than before in the next year, while keeping expenses in continental United States, which includes the costly and crowded Permian Basin, largely unchanged. Conoco said it will spend $1.2 billion on Alaska from its total capital expenditure of $6.1 billion in 2019, partly a result of a recently sanctioned oil project...
Conoco will spend most of its capex in Alaska and Canada, it said. The 2019 production views come as global oil markets struggle with oversupply, resulting in producer group OPEC and other key exporters agreeing to cut their crude output from January. Both kept their capital spending budget roughly flat- $2.9 billion for Hess and $6.1 billion for Conoco.
ANCHORAGE, Alaska, Nov 30- A powerful earthquake jolted southern Alaska on Friday morning, buckling roads, disrupting rush-hour traffic and jamming telephone service in and around Anchorage, the state's largest city, but there were no reports of serious injuries. The 7.0 magnitude quake struck about 8 miles north of Anchorage, a city of 300,000 residents...
The United States and Britain have seized on the vulnerability of the kingdom and its de facto ruler Crown Prince Mohamed bin Salman to push harder for a partial ceasefire in Yemen and improve relations with Qatar. Khashoggis killing inside the Saudi consulate in Istanbul last month has also given the United States leverage over the Saudi government and, by...
The United States and Britain have seized on the vulnerability of the kingdom and its de facto ruler Crown Prince Mohamed bin Salman to push harder for a partial ceasefire in Yemen and improve relations with Qatar. Khashoggis killing inside the Saudi consulate in Istanbul last month has also given the United States leverage over the Saudi government and, by...
Nov 9- A liberal-leaning California- based federal appeals court that has often ruled against President Donald Trump dealt him another setback this week in a major immigration case and soon could be asked to weigh in on a pipeline project he has championed. The 9th Circuit would hear any appeal by Trump's administration of the ruling late on Thursday by a...
CNBC's Eamon Javers reports NBC News calling the Alaska gubernatorial race in favor of Republican Mike Dunleavy over Democratic opponent Mark Begich.
LONDON, Nov 6- U.S. natural gas prices have jumped to their highest in nine months as forecast cold weather across much of the country has reminded traders of the risks posed by low gas inventories going into winter. Gas stocks have fallen well below the five-year range since the summer and are now at the lowest level for the time of year since 2003, according to data...
But they marked a lasting inflection point in the development of the oil market and almost all the changes were adverse to OPEC in the long run. Following the oil shocks, global oil consumption grew more slowly while non- OPEC production rose more rapidly. OPECs responsibility for the shocks remains debatable: the market was on an unsustainable trajectory...
LONDON, Oct 16- Saudi Arabia is unlikely to employ its so-called "oil weapon" in the diplomatic crisis over the disappearance of a journalist after visiting the countrys consulate in Istanbul. Experience from the last time Saudi Arabia tried to use oil sales as a diplomatic instrument in 1973/ 74 shows such action does not work and the kingdom itself would be the...
Oct 15- President Donald Trump's administration is considering using West Coast military facilities to export coal and natural gas to Asia, according to an Associated Press report on Monday, citing U.S. Department of Interior Secretary Ryan Zinke. The move would help fossil fuel producers ship their products to Asia and circumvent environmental concerns in...
Oct 15- The Trump administration is considering using West Coast military facilities to export coal and natural gas to Asia, according to an Associated Press report on Monday citing U.S. Department of Interior Secretary Ryan Zinke. The move would help fossil fuel producers ship their products to Asia and circumvent environmental concerns in...
Two key senators, one Democrat and one Republican, voted against their parties in a dramatic showdown on the floor of the Senate on the question of whether to advance Supreme Court nominee Brett Kavanaugh to a confirmation vote this weekend.
*Russia hopes it will become new " Suez Canal". COPENHAGEN, Aug 24- A Maersk vessel loaded with Russian fish and South Korean electronics will next week become the first container ship to navigate an Arctic sea route that Russia hopes will become a new shipping highway. The decision by Maersk, the world's biggest container shipping group, to test out the route is a...
*Russia hopes it will become new " Suez Canal". COPENHAGEN, Aug 24- A Maersk vessel loaded with Russian fish and South Korean electronics will next week become the first container ship to navigate an Arctic sea route that Russia hopes will become a new shipping highway. The decision by Maersk, the world's biggest container shipping group, to test out the route is a...
Whale watchers in Southeast Alaska got the surprise of a lifetime, KTUU TV reported on Wednesday.
WASHINGTON/ LONDON, Aug 16- Hackers operating from an elite Chinese university probed American companies and government departments for espionage opportunities following a U.S. trade delegation visit to China earlier this year, security researchers told Reuters. Cybersecurity firm Recorded Future said the group used computers at China's Tsinghua...
WASHINGTON/ LONDON, Aug 16- Hackers operating from an elite Chinese university probed American companies and government departments for espionage opportunities following a U.S. trade delegation visit to China earlier this year, security researchers told Reuters. Cybersecurity firm Recorded Future said the group used computers at China's Tsinghua...
SEWARD, Alaska, Aug 12- Alaska fishermen are used to coping with fickle weather and wild ocean waves. If the tariff war continues, she said, Whats going to happen is China is just going to stop buying Alaska fish. Fishermen are worried, said Alan Noreide, a fisherman in the Alaska port town of Seward, where he delivers some of his catch to the local Icicle Seafoods plant, an...
China included LNG for the first time in its list of proposed tariffs on Friday, the same day that its biggest U.S. crude oil buyer, Sinopec, suspended U.S. crude oil imports due to the dispute, according to three sources familiar with the situation. On Friday, China announced retaliatory tariffs on $60 billion worth of U.S. goods, and warned of further measures,...
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