Though the U.S.-Iran tensions of missile strikes and Twitter threats stirred up a world of uncertainty the first days of the new year, global oil prices ended the week down.
The hostilities did not... Read more
Though many Alaskans may see Goldman Sachs’ decision not to invest in Arctic oil projects as the equivalent of a lump of coal in their holiday stocking, that’s not on the bank’s gift list either. The... Read more
By all accounts 2020 is going to be a busy year on the North Slope. In boardrooms, campaign offices and around dinner tables elsewhere in Alaska, it is likely to be another year of examining the... Read more
Small quantities of oil are flowing from the long-delayed Mustang project on the North Slope but its owners are late on their first loan payment to the state.
Caracol Petroleum LLC, a primary owner... Read more
Flaring of natural gas has ended up in court in Texas. But it’s not what you might think.
It’s not an environmental group suing to stop the practice of burning off gas in the field. It’s a pipeline... Read more
It appears Furie Operating Alaska LLC will have a new but familiar owner to Alaska.
Hex LLC won a Dec. 5 bankruptcy auction to purchase the small Cook Inlet natural gas producer for $15 million,... Read more
The year is not ending well for liquefied natural gas producers.
Prices in Asia are down more than 40 percent from a year ago as demand is weaker than expected and supply continues to grow.
There... Read more
The State of Alaska’s annual North Slope oil and gas lease sale held Wednesday morning was quieter than recent years but that was partly offset by a spike in industry interest for lands in the... Read more
ConocoPhillips has a lot of work to do on the North Slope and company executives are looking for someone else to help pay for it.
They announced during a Nov. 19 analyst and investor meeting that... Read more
Hilcorp won’t officially take over the driver’s seat at Prudhoe Bay for at least a few months, but BP Alaska President Janet Weiss offered up the keys to the iconic oil field Nov. 20.
Weiss and... Read more
A huge chunk of Arctic Alaska is a big step closer to having a new land-use plan that could open millions of additional acres to oil and gas exploration.
The Bureau of Land Management released the... Read more
A small but long-awaited North Slope development has quietly started producing oil.
Brooks Range Petroleum Corp. achieved first oil from its Mustang project Oct. 30, according to Houston-based... Read more
The drafters of a voter initiative to increase production taxes on Alaska’s largest oil fields have sued Lt. Gov. Kevin Meyer and the Division of Elections over problems with the summary of the... Read more
Cleaner only goes so far in producing electricity in cost-conscious countries, with coal holding a price advantage over imported natural gas.
The Paris-based International Energy Agency warned Nov.... Read more
An increasing number of Alaskans are calling for greater financial transparency from Hilcorp, the privately owned company seeking to buy BP’s North Slope assets, in part to ensure it has the... Read more
A new group calling itself OneAlaska has formed to fight a ballot initiative that seeks to boost production taxes paid by Alaska’s largest oil companies.
The group — consisting of small-business... Read more
China is a month away from getting its first Russian pipeline gas deliveries, which will help fuel the largest urbanized area in its North while also fueling speculation of what it will mean for... Read more
Conference season is in full swing in Alaska and the annual gathering of the players in the state’s biggest industries is right around the corner.
The Alaska Resources Conference hosted by the... Read more
Former Alaska Lt. Gov. Mead Treadwell is spearheading a new effort to sell North Slope natural gas with an offshore Arctic LNG plant and icebreaking tankers.
Treadwell is CEO and chairman of the... Read more
Frustrated over how their proposed site for an LNG plant has been dismissed by leaders of the roughly $40 billion Alaska LNG Project, Matanuska-Susitna Borough officials are pointing to statements... Read more
The omnipresent issue of oil taxes could be on Alaska ballots next year.
Lt. Gov Kevin Meyer certified the “Fair Share Act” Oct. 15. The Department of Law’s 13-page analysis of the citizens’... Read more
French energy major Total is moving ahead with the $20-billion-plus Mozambique LNG project started by Anadarko Petroleum, which discovered the large offshore gas field in 2011 and with its partners... Read more
The company developing one of the largest oil prospects on the North Slope has applied with state regulators to change its plans and start producing oil a year early.
Oil Search Alaska submitted a... Read more
Just six days before the close of public comment on the draft environmental impact statement for the Alaska LNG project, the Matanuska-Susitna Borough has accused federal regulators of failing to... Read more
The City of Valdez, which wants to see the Alaska LNG Project terminal built in its community rather than Nikiski, and an environmental legal organization have filed separate requests with federal... Read more
Though the U.S.-Iran tensions of missile strikes and Twitter threats stirred up a world of uncertainty the first days of the new year, global oil prices ended the week down. The hostilities did not... Read more
Though many Alaskans may see Goldman Sachs’ decision not to invest in Arctic oil projects as the equivalent of a lump of coal in their holiday stocking, that’s not on the bank’s gift list either. The... Read more
By all accounts 2020 is going to be a busy year on the North Slope. In boardrooms, campaign offices and around dinner tables elsewhere in Alaska, it is likely to be another year of examining the... Read more
Small quantities of oil are flowing from the long-delayed Mustang project on the North Slope but its owners are late on their first loan payment to the state. Caracol Petroleum LLC, a primary owner... Read more
Flaring of natural gas has ended up in court in Texas. But it’s not what you might think. It’s not an environmental group suing to stop the practice of burning off gas in the field. It’s a pipeline... Read more
It appears Furie Operating Alaska LLC will have a new but familiar owner to Alaska. Hex LLC won a Dec. 5 bankruptcy auction to purchase the small Cook Inlet natural gas producer for $15 million,... Read more
The year is not ending well for liquefied natural gas producers. Prices in Asia are down more than 40 percent from a year ago as demand is weaker than expected and supply continues to grow. There... Read more
The State of Alaska’s annual North Slope oil and gas lease sale held Wednesday morning was quieter than recent years but that was partly offset by a spike in industry interest for lands in the... Read more
ConocoPhillips has a lot of work to do on the North Slope and company executives are looking for someone else to help pay for it. They announced during a Nov. 19 analyst and investor meeting that... Read more
Hilcorp won’t officially take over the driver’s seat at Prudhoe Bay for at least a few months, but BP Alaska President Janet Weiss offered up the keys to the iconic oil field Nov. 20. Weiss and... Read more
A huge chunk of Arctic Alaska is a big step closer to having a new land-use plan that could open millions of additional acres to oil and gas exploration. The Bureau of Land Management released the... Read more
A small but long-awaited North Slope development has quietly started producing oil. Brooks Range Petroleum Corp. achieved first oil from its Mustang project Oct. 30, according to Houston-based... Read more
The drafters of a voter initiative to increase production taxes on Alaska’s largest oil fields have sued Lt. Gov. Kevin Meyer and the Division of Elections over problems with the summary of the... Read more
Cleaner only goes so far in producing electricity in cost-conscious countries, with coal holding a price advantage over imported natural gas. The Paris-based International Energy Agency warned Nov.... Read more
China is a month away from getting its first Russian pipeline gas deliveries, which will help fuel the largest urbanized area in its North while also fueling speculation of what it will mean for... Read more
Conference season is in full swing in Alaska and the annual gathering of the players in the state’s biggest industries is right around the corner. The Alaska Resources Conference hosted by the... Read more
Former Alaska Lt. Gov. Mead Treadwell is spearheading a new effort to sell North Slope natural gas with an offshore Arctic LNG plant and icebreaking tankers. Treadwell is CEO and chairman of the... Read more
The omnipresent issue of oil taxes could be on Alaska ballots next year. Lt. Gov Kevin Meyer certified the “Fair Share Act” Oct. 15. The Department of Law’s 13-page analysis of the citizens’... Read more
French energy major Total is moving ahead with the $20-billion-plus Mozambique LNG project started by Anadarko Petroleum, which discovered the large offshore gas field in 2011 and with its partners... Read more
The company developing one of the largest oil prospects on the North Slope has applied with state regulators to change its plans and start producing oil a year early. Oil Search Alaska submitted a... Read more
Just six days before the close of public comment on the draft environmental impact statement for the Alaska LNG project, the Matanuska-Susitna Borough has accused federal regulators of failing to... Read more