State environmental regulators are seeking more money for Alaska’s spill response fund amid a comprehensive review of the requirements for petroleum producers and shippers.
Department of... Read more
The debate is over changing oil taxes, but much of the public seemingly wants to know how it will affect many of the services provided by state government .
Lt. Gov. Kevin Meyer moderated two-hour... Read more
A supermajor is looking to advance its position on the North Slope and ConocoPhillips says it will likely wait until the results of the oil tax initiative are known before planning next year’s work... Read more
The window for the Trump administration to hold an effective lease sale for the Arctic National Wildlife Refuge coastal plain could be closing, but the potential for an administration change in... Read more
The leaders of Vote Yes for Alaska’s Fair Share insist their oil tax increase will provide upwards of $1 billion per year to the state when it’s needed most but an independent economic analysis of... Read more
The U.S. middle class faces an existential crisis under a Biden-Harris administration and its promise to use the Green New Deal as the foundation for its energy policy.
That’s the verdict of three... Read more
The Dunleavy administration is going to ask the Supreme Court to reconsider a unanimous decision barring the state from selling bonds to pay off more than $700 million worth of oil industry tax... Read more
State regulators under the Dunleavy administration are continuing to tweak bonding requirements for oil and gas wells overhauled just more than a year ago.
The Alaska Oil and Gas Conservation... Read more
A coalition of environmental groups sued the Interior Department Aug. 24 urging a federal judge to halt implementation of the Trump administration’s plan to expand oil and gas opportunities in... Read more
Officials at Alaska’s state development bank are in early talks to fund basic infrastructure development at the largest North Slope oil project in decades.
The Alaska Industrial Development and... Read more
NEW YORK (AP) — Two American oil giants lost more than $9 billion in the second quarter as the pandemic kept households on lockdown, cutting a gaping hole into a once-thriving business as the need... Read more
It’s “back to basics” for a Cook Inlet gas producer pulled out of bankruptcy earlier this summer.
Longtime Alaska oil and gas industry player John Hendrix officially took over Furie Operating Alaska... Read more
Without comment, the Federal Energy Regulatory Commission on July 22 declined to take up two requests that it reconsider its June 6 approval of the state-sponsored Alaska LNG project.
Under federal... Read more
North Slope oil production in July was stronger than it has been in years and while it’s a long ways from the “glory days” of Alaska’s oil era, every little bit helps with state budget experts... Read more
Attorneys for resource industry groups argued in Superior Court July 7 that salaries paid to signature gatherers for a ballot measure to raise oil taxes violate state law in a lawsuit that could have... Read more
The iconic Prudhoe Bay oilfield is now officially in the hands of Hilcorp Energy, the first phase of a $5.6 billion deal to buy BP out of Alaska.
As expected, the companies announced the operator... Read more
An updated cost estimate for the state-led Alaska LNG Project has trimmed about $5 billion from the construction price tag, down to $38.7 billion.
Though the new estimate, released at the Alaska... Read more
More than $5 billion has been shaved off the price of the massive Alaska LNG Project in an effort to attract private firms to take over the LNG export plan currently led by the state, Alaska Gasline... Read more
HARRISBURG, Pa. (AP) — The Trump administration has taken the final step to allow rail shipments of liquefied natural gas, a new front in the movement of energy products that had been opposed by... Read more
Suffice it to say the first half of 2020 has been exceptionally challenging on a host of fronts and Alaska’s oil production figures illustrate well the hardships facing one of the state’s premier... Read more
BP and Hilcorp are hoping to close the upstream portion of their $5.6 billion Alaska deal by the end of the month while state regulators continue to evaluate Hilcorp’s financial wherewithal to take a... Read more
For the fourth year running Hilcorp was the only player in the state’s annual Cook Inlet oil and gas lease sale.
The Division of Oil and Gas received three bids from the Houston-based producer,... Read more
DUBAI, United Arab Emirates (AP) — OPEC and allied nations agreed June 6 to extend a production cut of nearly 10 million barrels of oil per day through the end of July, hoping to encourage stability... Read more
Alaska has cleared the biggest regulatory hurdle to developing a long-sought North Slope natural gas pipeline project.
The Federal Energy Regulatory Commission on Thursday issued a record of... Read more
A cash-starved North Slope oil project could again have new owners with hopes of resuming production later this year.
Majid Jourabchi, CEO of Houston-based Thyssen Petroleum, said May 20 that he is... Read more
State environmental regulators are seeking more money for Alaska’s spill response fund amid a comprehensive review of the requirements for petroleum producers and shippers. Department of... Read more
The window for the Trump administration to hold an effective lease sale for the Arctic National Wildlife Refuge coastal plain could be closing, but the potential for an administration change in... Read more
The Dunleavy administration is going to ask the Supreme Court to reconsider a unanimous decision barring the state from selling bonds to pay off more than $700 million worth of oil industry tax... Read more
Officials at Alaska’s state development bank are in early talks to fund basic infrastructure development at the largest North Slope oil project in decades. The Alaska Industrial Development and... Read more
It’s “back to basics” for a Cook Inlet gas producer pulled out of bankruptcy earlier this summer. Longtime Alaska oil and gas industry player John Hendrix officially took over Furie Operating Alaska... Read more
North Slope oil production in July was stronger than it has been in years and while it’s a long ways from the “glory days” of Alaska’s oil era, every little bit helps with state budget experts... Read more
The iconic Prudhoe Bay oilfield is now officially in the hands of Hilcorp Energy, the first phase of a $5.6 billion deal to buy BP out of Alaska. As expected, the companies announced the operator... Read more
Suffice it to say the first half of 2020 has been exceptionally challenging on a host of fronts and Alaska’s oil production figures illustrate well the hardships facing one of the state’s premier... Read more
BP and Hilcorp are hoping to close the upstream portion of their $5.6 billion Alaska deal by the end of the month while state regulators continue to evaluate Hilcorp’s financial wherewithal to take a... Read more
For the fourth year running Hilcorp was the only player in the state’s annual Cook Inlet oil and gas lease sale. The Division of Oil and Gas received three bids from the Houston-based producer,... Read more
DUBAI, United Arab Emirates (AP) — OPEC and allied nations agreed June 6 to extend a production cut of nearly 10 million barrels of oil per day through the end of July, hoping to encourage stability... Read more
A cash-starved North Slope oil project could again have new owners with hopes of resuming production later this year. Majid Jourabchi, CEO of Houston-based Thyssen Petroleum, said May 20 that he is... Read more