Department of Natural Resources Commissioner Corri Feige has approved a sale of the state’s oil that could net up to $3 million in additional revenue over the coming year and more importantly sets... Read more
An unladen oil tanker that’s part of a growing number of foreign-flagged vessels transporting Alaska crude reportedly dragged its anchor for nearly four miles in rough Gulf of Alaska seas while... Read more
An unladen oil tanker that’s part of a growing number of foreign-flagged vessels transporting Alaska crude reportedly dragged its anchor for nearly four miles in rough Gulf of Alaska seas while... Read more
ConocoPhillips rebounded with a profit of nearly $1 billion in the first quarter, with $159 million of that coming from Alaska.
CEO Ryan Lance said during a May 4 conference call with investors that... Read more
ConocoPhillips rebounded with a profit of nearly $1 billion in the first quarter, with $159 million of that coming from Alaska.
CEO Ryan Lance said during a May 4 conference call with investors that... Read more
Two years ago, Pioneer Natural Resources was reversing course and retrenching after Wall Street soured on the Irving-based oil and gas company.
“The market clearly isn’t paying for your business... Read more
ConocoPhillips has agreed with a coalition of Alaska Native and conservation groups on a timeline to resolve a court dispute over the adequacy of the environmental review for its multibillion-dollar... Read more
The price for Alaska North Slope crude largely recovered months ago from the unprecedented fall it took a year ago, but if a recovery is also going to occur in Alaska’s oil workforce it has yet to... Read more
A newly published Outside economic outlook for oil and gas-heavy states backs up what local forecasters have been saying: It’s going to be a long slog back for Alaska.
The April 15 S&P Global... Read more
It appears officials in Alaska’s gasline agency are starting from scratch in their effort to secure more than $4 billion in federal money to jumpstart the Alaska LNG Project.
While still in concept... Read more
The leaders of a small Australian explorer believe they have continued a trend that is driving two of the largest North Slope prospects in decades.
88 Energy Ltd. has indicated in a series of... Read more
Lawmakers expressed skepticism toward the plan backed by Gov. Mike Dunleavy to seek more than $4 billion in federal money to spur construction of the $39 billion Alaska LNG Project in their first... Read more
A decision to cut positions from the state agency charged with preventing oil spills despite potential new revenue is a step towards longer-term sustainability, according to the Dunleavy... Read more
The early results are promising in a years-long study of an advanced oil recovery method that could unlock billions more barrels on the North Slope.
“We have not failed; let me put it that way. We... Read more
Alaska’s ride on the oil price rollercoaster should again get a little smoother as markets have recovered quicker than expected from the pandemic but special provisions in the CARES Act will cause... Read more
Prices for long-term supplies of natural gas from Cook Inlet remain high relative to much of the country but are inching downward based on the latest in a series of recently signed public contracts... Read more
ConocoPhillips is asking the federal judge overseeing both of the lawsuits seeking to stop one of the largest North Slope oil developments in decades to determine the near-term fate of the project by... Read more
Disparate industries that have found themselves shunned by banks are collectively defending a Trump administration policy on equal access to financial services that President Joe Biden may soon... Read more
Oil and environmental interests reacted Feb. 12 to the federal government’s cancelation of March’s oil lease sale in the Gulf of Mexico.
The action was widely expected after President Joe Biden... Read more
ConocoPhillips Alaska said Feb. 15 that close to 100 of its Alaska employees will either be laid off or accept voluntary severances.
Somewhere around 95 of the company’s 1,100-member workforce in... Read more
Alaska didn’t have to wait long to feel the effects of the administration change in Washington, D.C., following President Joe Biden’s Jan. 27 directives pausing oil and gas leasing across millions of... Read more
The Department of Natural Resources is pitching reforms to Alaska’s water reservation program via regulation that previously failed to make it through the Legislature.
State Division of Mining Land... Read more
A small British explorer spudded an early winter appraisal well Jan. 13 in a haul road-adjacent prospect company leaders believe can be developed quickly even amidst tenuous market conditions.... Read more
Most of the leaders of the Fairbanks-area gas utility believe they finally have a gas supply contract that will afford it the security needed to grow.
The Interior Gas Utility board of Directors... Read more
Leaders of the state development bank now must decide what to do with a failed North Slope oil project in which they have invested $70 million.
The Alaska Industrial Development and Export Authority... Read more
Department of Natural Resources Commissioner Corri Feige has approved a sale of the state’s oil that could net up to $3 million in additional revenue over the coming year and more importantly sets... Read more
An unladen oil tanker that’s part of a growing number of foreign-flagged vessels transporting Alaska crude reportedly dragged its anchor for nearly four miles in rough Gulf of Alaska seas while... Read more
ConocoPhillips rebounded with a profit of nearly $1 billion in the first quarter, with $159 million of that coming from Alaska. CEO Ryan Lance said during a May 4 conference call with investors that... Read more
Two years ago, Pioneer Natural Resources was reversing course and retrenching after Wall Street soured on the Irving-based oil and gas company. “The market clearly isn’t paying for your business... Read more
ConocoPhillips has agreed with a coalition of Alaska Native and conservation groups on a timeline to resolve a court dispute over the adequacy of the environmental review for its multibillion-dollar... Read more
The price for Alaska North Slope crude largely recovered months ago from the unprecedented fall it took a year ago, but if a recovery is also going to occur in Alaska’s oil workforce it has yet to... Read more
It appears officials in Alaska’s gasline agency are starting from scratch in their effort to secure more than $4 billion in federal money to jumpstart the Alaska LNG Project. While still in concept... Read more
The leaders of a small Australian explorer believe they have continued a trend that is driving two of the largest North Slope prospects in decades. 88 Energy Ltd. has indicated in a series of... Read more
Lawmakers expressed skepticism toward the plan backed by Gov. Mike Dunleavy to seek more than $4 billion in federal money to spur construction of the $39 billion Alaska LNG Project in their first... Read more
A decision to cut positions from the state agency charged with preventing oil spills despite potential new revenue is a step towards longer-term sustainability, according to the Dunleavy... Read more
The early results are promising in a years-long study of an advanced oil recovery method that could unlock billions more barrels on the North Slope. “We have not failed; let me put it that way. We... Read more
Alaska’s ride on the oil price rollercoaster should again get a little smoother as markets have recovered quicker than expected from the pandemic but special provisions in the CARES Act will cause... Read more
ConocoPhillips is asking the federal judge overseeing both of the lawsuits seeking to stop one of the largest North Slope oil developments in decades to determine the near-term fate of the project by... Read more
Disparate industries that have found themselves shunned by banks are collectively defending a Trump administration policy on equal access to financial services that President Joe Biden may soon... Read more
Alaska didn’t have to wait long to feel the effects of the administration change in Washington, D.C., following President Joe Biden’s Jan. 27 directives pausing oil and gas leasing across millions of... Read more
A small British explorer spudded an early winter appraisal well Jan. 13 in a haul road-adjacent prospect company leaders believe can be developed quickly even amidst tenuous market conditions.... Read more
Leaders of the state development bank now must decide what to do with a failed North Slope oil project in which they have invested $70 million. The Alaska Industrial Development and Export Authority... Read more