ConocoPhillips is continuing its series of active North Slope work seasons with seven more exploration wells in the National Petroleum Reserve-Alaska this coming winter.
While the drilling will... Read more
ConocoPhillips is continuing its series of active North Slope work seasons with seven more exploration wells in the National Petroleum Reserve-Alaska this coming winter.
While the drilling will... Read more
Alaskans, it’s time to dust off your economics textbooks and dig the calculators out of the back of your junk drawers because the arcane issue of oil taxes is again about to be a hotly contested... Read more
Alaskans, it’s time to dust off your economics textbooks and dig the calculators out of the back of your junk drawers because the arcane issue of oil taxes is again about to be a hotly contested... Read more
Homer Electric Association members could soon see the benefit from a renegotiated natural gas supply contract that will save the Kenai Peninsula power cooperative more than $2.1 million.
HEA filed... Read more
A federal agency on Thursday recommended a plan to offer the entire coastal plain of the Arctic National Wildlife Refuge in Alaska for lease to oil and gas companies, rejecting more restrictive... Read more
Justices on the Alaska Supreme Court heard oral arguments Thursday morning in the lawsuit over oil and gas tax credit bonds that could have major ramifications for the state’s financial future.... Read more
Russian-led ventures earlier this month announced plans for two more liquefied natural gas terminals that would double the country’s production capacity by the mid-2020s.
One is in the Arctic and... Read more
Hilcorp Energy’s pending $5.6 billion acquisition of BP’s Alaska assets has implications well beyond what happens to the oil remaining in the Prudhoe Bay field.
That’s because the London-based oil... Read more
Hilcorp Alaska’s $5.6 billion acquisition of BP’s assets in Alaska, announced Aug. 27, marks a “crowning achievement” for a Houston, Texas, company that has rapidly risen to become a major player in... Read more
Alaskans got a sense of what developing one of the state’s largest oil prospects in decades would look like Aug. 23 when the federal Bureau of Land Management released the draft environmental impact... Read more
Alaska is going to have a new “big three.”
BP is selling all of its Alaska assets to Hilcorp Energy in a $5.6 billion deal announced Tuesday morning.
For years, BP, ConocoPhillips and ExxonMobil have... Read more
Fears of an oversupplied oil market amid rising global trade tensions are holding down prices. In addition, markets are reacting to weak economic indicators and unsettling political news, along with... Read more
An Alaska natural gas producer filed for bankruptcy protection last week, pointing to challenges producing enough gas in Cook Inlet and the state’s decisions to withhold many millions of dollars in... Read more
Sanctions against Iran and contaminated oil from Russia appear to be giving Alaska a small but much-needed financial boost.
Alaska North Slope crude oil is bucking a longstanding trend and is now... Read more
Though the liquefied natural gas industry is mostly focused on projects that produce millions of tonnes per year and LNG ships that transport almost 70,000 tonnes per load, a growing volume of the... Read more
LONDON (AP) — Britain announced plans July 22 to develop and deploy a Europe-led “maritime protection mission” to safeguard shipping in the vital Strait of Hormuz in light of Iran’s seizure of a... Read more
Interim Alaska Gasline Development Corp. Joe Dubler insists that Alaska is still making unprecedented progress towards a long-sought natural gas pipeline project despite the fact that the lead agency... Read more
Marathon Petroleum Corp. has purchased the site of the now-demolished North Pole oil refinery formerly owned by Flint Hills Resources.
Marathon Alaska spokesman Casey Sullivan confirmed the refining... Read more
Oil and gas pipeline developers around the country are frustrated at the delays and legal challenges they have to plow through when they would prefer to be burrowing underground to install new pipe... Read more
The Alaska Gasline Development Corp. is drastically cutting its staffing while it is in the midst of permitting the $43 billion Alaska LNG Project.
The state-owned corporation issued a statement to... Read more
Alberta’s oil sands producers have done a good job of overcoming technical challenges to boost output of the gooey stuff. It’s moving all that oil to market that’s become the problem.
It took almost... Read more
Federal regulators all but confirmed Nikiski should be the terminus of the proposed $43 billion Alaska LNG Project when they released the draft version of its environmental review June 28, but... Read more
Furie Operating Alaska has returned to meeting some, but not all, of the natural gas supply commitments it has with Southcentral Alaska utilities.
The small Texas-based gas producer resumed... Read more
Alaska lawmakers are relying on the prospect of a favorable court ruling this year to pay down the state’s remaining and roughly $700 million obligation of refundable oil and gas tax credits.
The... Read more
ConocoPhillips is continuing its series of active North Slope work seasons with seven more exploration wells in the National Petroleum Reserve-Alaska this coming winter. While the drilling will... Read more
Alaskans, it’s time to dust off your economics textbooks and dig the calculators out of the back of your junk drawers because the arcane issue of oil taxes is again about to be a hotly contested... Read more
Homer Electric Association members could soon see the benefit from a renegotiated natural gas supply contract that will save the Kenai Peninsula power cooperative more than $2.1 million. HEA filed... Read more
Justices on the Alaska Supreme Court heard oral arguments Thursday morning in the lawsuit over oil and gas tax credit bonds that could have major ramifications for the state’s financial future.... Read more
Russian-led ventures earlier this month announced plans for two more liquefied natural gas terminals that would double the country’s production capacity by the mid-2020s. One is in the Arctic and... Read more
Hilcorp Energy’s pending $5.6 billion acquisition of BP’s Alaska assets has implications well beyond what happens to the oil remaining in the Prudhoe Bay field. That’s because the London-based oil... Read more
Hilcorp Alaska’s $5.6 billion acquisition of BP’s assets in Alaska, announced Aug. 27, marks a “crowning achievement” for a Houston, Texas, company that has rapidly risen to become a major player in... Read more
Alaskans got a sense of what developing one of the state’s largest oil prospects in decades would look like Aug. 23 when the federal Bureau of Land Management released the draft environmental impact... Read more
Alaska is going to have a new “big three.” BP is selling all of its Alaska assets to Hilcorp Energy in a $5.6 billion deal announced Tuesday morning. For years, BP, ConocoPhillips and ExxonMobil have... Read more
Fears of an oversupplied oil market amid rising global trade tensions are holding down prices. In addition, markets are reacting to weak economic indicators and unsettling political news, along with... Read more
An Alaska natural gas producer filed for bankruptcy protection last week, pointing to challenges producing enough gas in Cook Inlet and the state’s decisions to withhold many millions of dollars in... Read more
Sanctions against Iran and contaminated oil from Russia appear to be giving Alaska a small but much-needed financial boost. Alaska North Slope crude oil is bucking a longstanding trend and is now... Read more
Though the liquefied natural gas industry is mostly focused on projects that produce millions of tonnes per year and LNG ships that transport almost 70,000 tonnes per load, a growing volume of the... Read more
LONDON (AP) — Britain announced plans July 22 to develop and deploy a Europe-led “maritime protection mission” to safeguard shipping in the vital Strait of Hormuz in light of Iran’s seizure of a... Read more
Interim Alaska Gasline Development Corp. Joe Dubler insists that Alaska is still making unprecedented progress towards a long-sought natural gas pipeline project despite the fact that the lead agency... Read more
Marathon Petroleum Corp. has purchased the site of the now-demolished North Pole oil refinery formerly owned by Flint Hills Resources. Marathon Alaska spokesman Casey Sullivan confirmed the refining... Read more
Oil and gas pipeline developers around the country are frustrated at the delays and legal challenges they have to plow through when they would prefer to be burrowing underground to install new pipe... Read more
Alberta’s oil sands producers have done a good job of overcoming technical challenges to boost output of the gooey stuff. It’s moving all that oil to market that’s become the problem. It took almost... Read more
Federal regulators all but confirmed Nikiski should be the terminus of the proposed $43 billion Alaska LNG Project when they released the draft version of its environmental review June 28, but... Read more
Furie Operating Alaska has returned to meeting some, but not all, of the natural gas supply commitments it has with Southcentral Alaska utilities. The small Texas-based gas producer resumed... Read more