[dropcap]T[/dropcap]oday BP is in a joint venture with a Chinese company. Together, they are producing 3 million barrels per day from Iraq’s Rumaila field. The two companies share a payment of $4.2 million per day for their services. Today BP, ConocoPhillips, and Exxon are providing the same service for Alaska with one big difference. In […]
Glennallen, Alaska – Tolsona Oil & Gas Exploration LLC, an Ahtna, Inc. subsidiary, has begun mobilization of the Tolsona No.1 gas exploration well rig. The drilling program is starting two weeks later than planned to await availability of the rig. The 2 million pound drill rig, required materials and rolling stock equipment is being transported […]
The U.S. Navy has committed to get half of its energy from renewable sources by the year 2020. One element of that strategy will be looking to extract energy from tides, currents and waves. The University of Washington is helping to reach that goal with an $8 million, four-year contract from the Naval Facilities Engineering […]
PARIS —France’s contract to sell a pair of Mistral aircraft carriers to Moscow has come under fire in recent months, as relations between the West and Russia have deteriorated over Ukraine. Last month, President Barack Obama said it would be preferable if France pushed the “pause button” on the deal. “I have expressed some concerns, […]