US Sen. Lisa Murkowski (R-Alas.) urged the US Bureau of Land Management to rescind its draft regional mitigation strategy (DRMS) for the National Petroleum Reserve-Alaska because it is deeply flawed, fails to establish predictability and transparency, and reflects a disregard for comments the state of Alaska and others provided previously. Source: News

The US Federal Energy Regulatory Commission has issued its final Environmental Impact Statement for Williams Partners’ Atlantic Sunrise project. Source: News

Alaska Gasline Development Corp. (AGDC) and affiliates of ExxonMobil Corp., BP PLC, and ConocoPhillips Co. concluded preliminary work that will allow them to assume responsibility for the natural gas export project’s technical and regulatory activities, the joint venture announced last week in Anchorage. Source: News

Maersk Oil, a wholly owned subsidiary of AP Moller-Maersk AS of Copenhagen, says it will shutter production from Tyra field of the Danish North Sea in October 2018, citing the absence of an economically viable solution for full recovery of the field’s remaining resources. Source: News

A subsidiary of Venado Oil & Gas LLC, an Austin-based affiliate of private equity firm KKR & Co. LP, has agreed to acquire nonoperated Eagle Ford assets owned by SM Energy Co., Denver, for $800 million. Source: News

The US Federal Energy Regulatory Commission issued a draft environmental impact statement for the proposed Atlantic Coast natural gas pipeline and supply header project, as proposed respectively by Atlantic Coast Pipeline LLC (ACP) and Dominion Transmission Inc. (DTI). Comments must be received by Apr. 6, FERC said in its Dec. 30, 2016, announcement. Source: […]

Crude oil prices held fairly steady in Dec. 30, 2016, trading with each benchmark declining only a few cents to close slightly above $53.70/bbl for February delivery on the New York market and slightly above $56.80/bbl for March delivery on the London market. Source: News