Alaska’s largest oil producer announced this week that it will demobilize its drilling rig fleet at its North Slope fields to reduce the number of workers at risk of COVID-19.
“(ConocoPhillips)... Read more
With one unique North Slope oil discovery already in hand, a small group of explorers claims to have found another prospect on par with one of the state’s largest oil fields that is worth developing... Read more
State regulators want more details about Hilcorp Alaska’s “access to capital” as it seeks to buy BP Alaska’s assets after the historic plunge in oil prices.
The Regulatory Commission of Alaska... Read more
A small Australian explorer is reporting mixed initial results from an exploration well drilled last month in an area south of the largest North Slope oil fields.
Leaders of 88 Energy announced... Read more
They’re undeniably complex, dry, arcane and seemingly always published in painfully hard-to-read print, but the Council on Environmental Quality’s proposed changes to the implementing regulations for... Read more
As Saudi Arabia and Russia — and even U.S. shale producers — pump more oil than the world needs, the price for crude is dropping while the price for storing all that excess oil is rising.
There are... Read more
ConocoPhillips and Oil Search announced early Wednesday that they will be scaling back their North Slope operations in response to the collapsed global oil market.
For ConocoPhillips, which has the... Read more
Department of Environmental Conservation officials received a mixed bag of comments, but not a huge volume, to their somewhat controversial opening of the state’s oil spill prevention and response... Read more
President Donald Trump’s push to refill the country’s oil reserves is intended to reassure domestic producers at a time when collapsed prices are straining the industry and a substantive rebound... Read more
If oil company executives don’t get sick from the coronavirus, the feverish drop in prices is likely causing them aches, pains and chills anyway.
The good old days were not much more than two years... Read more
Alaska is a major step closer to securing the key federal license to build a long-sought North Slope natural gas pipeline and export project.
The Federal Energy Regulatory Commission on Friday... Read more
John Hendrix was poised to purchase Furie Operating Alaska LLC after winning a December bankruptcy auction for the Cook Inlet gas producer with a $15 million bid, but initial negotiations to close... Read more
The Alaska Gasline Development Corp. board of directors has promoted longtime Vice President Frank Richards to lead the agency.
The board unanimously approved Richards’ appointment to AGDC president... Read more
JPMorgan Chase says it will no longer finance new oil and gas projects in the Arctic.
“JPMorgan Chase is expanding its commitment to a low-carbon economy and further supporting the clean energy... Read more
For the second time in four years, the liquefied natural gas export terminal proposed for Coos Bay, Ore., failed to win approval from the Federal Energy Regulatory Commission.
The $10 billion... Read more
The temporary head of the state’s gasline agency publicly announced his resignation Thursday morning.
Interim Alaska Gasline Development Corp. President Joe Dubler made his plans to retire public at... Read more
Alaska could actually benefit from its oil production under a conservative-driven plan to address climate change, according to backers of the proposal.
Catrina Rorke, a vice president with the... Read more
Russia has started sending natural gas from Siberia through a multibillion-dollar pipeline into northeast China, but several analysts believe the project will not make a profit for a long time.
“All... Read more
Hilcorp Alaska and The Alaska Community Foundation announced a philanthropic partnership Jan. 31 that will lead to more than $5 million of giving in the coming year.
Foundation CEO Nina Kemppel... Read more
A new British entrant to the North Slope plans to finish a unique oil project started years ago by a small Anchorage explorer.
In an interview with the Journal, London-based Pantheon Resources... Read more
Lower oil and gas prices took a bite out of ConocoPhillips’ fourth quarter earnings but the upstream-focused oil major still managed to net its largest full-year profit in 2019 since the global reset... Read more
Though China’s commitment to buy a lot more U.S. oil, liquefied natural gas and coal over the next two years supplied political headlines for the first-phase trade deal between the two countries,... Read more
Alaska Industrial Development and Export Authority officials are trying yet another way to recoup their $70 million investment in a small and struggling North Slope oil project.
The AIDEA board of... Read more
With the help of an Alaska Native corporation and state logistics experts, ConocoPhillips is about to employ a piece of equipment on the North Slope that should be the envy of oil drillers everywhere... Read more
State regulators in charge of subsurface oversight of the oil and gas industry are giving a series of mostly small operators the opportunity to make their case for special treatment under recently... Read more
With one unique North Slope oil discovery already in hand, a small group of explorers claims to have found another prospect on par with one of the state’s largest oil fields that is worth developing... Read more
State regulators want more details about Hilcorp Alaska’s “access to capital” as it seeks to buy BP Alaska’s assets after the historic plunge in oil prices. The Regulatory Commission of Alaska... Read more
A small Australian explorer is reporting mixed initial results from an exploration well drilled last month in an area south of the largest North Slope oil fields. Leaders of 88 Energy announced... Read more
They’re undeniably complex, dry, arcane and seemingly always published in painfully hard-to-read print, but the Council on Environmental Quality’s proposed changes to the implementing regulations for... Read more
As Saudi Arabia and Russia — and even U.S. shale producers — pump more oil than the world needs, the price for crude is dropping while the price for storing all that excess oil is rising. There are... Read more
ConocoPhillips and Oil Search announced early Wednesday that they will be scaling back their North Slope operations in response to the collapsed global oil market. For ConocoPhillips, which has the... Read more
Department of Environmental Conservation officials received a mixed bag of comments, but not a huge volume, to their somewhat controversial opening of the state’s oil spill prevention and response... Read more
President Donald Trump’s push to refill the country’s oil reserves is intended to reassure domestic producers at a time when collapsed prices are straining the industry and a substantive rebound... Read more
If oil company executives don’t get sick from the coronavirus, the feverish drop in prices is likely causing them aches, pains and chills anyway. The good old days were not much more than two years... Read more
Alaska is a major step closer to securing the key federal license to build a long-sought North Slope natural gas pipeline and export project. The Federal Energy Regulatory Commission on Friday... Read more
John Hendrix was poised to purchase Furie Operating Alaska LLC after winning a December bankruptcy auction for the Cook Inlet gas producer with a $15 million bid, but initial negotiations to close... Read more
The Alaska Gasline Development Corp. board of directors has promoted longtime Vice President Frank Richards to lead the agency. The board unanimously approved Richards’ appointment to AGDC president... Read more
JPMorgan Chase says it will no longer finance new oil and gas projects in the Arctic. “JPMorgan Chase is expanding its commitment to a low-carbon economy and further supporting the clean energy... Read more
For the second time in four years, the liquefied natural gas export terminal proposed for Coos Bay, Ore., failed to win approval from the Federal Energy Regulatory Commission. The $10 billion... Read more
Alaska could actually benefit from its oil production under a conservative-driven plan to address climate change, according to backers of the proposal. Catrina Rorke, a vice president with the... Read more
Russia has started sending natural gas from Siberia through a multibillion-dollar pipeline into northeast China, but several analysts believe the project will not make a profit for a long time. “All... Read more
A new British entrant to the North Slope plans to finish a unique oil project started years ago by a small Anchorage explorer. In an interview with the Journal, London-based Pantheon Resources... Read more
Lower oil and gas prices took a bite out of ConocoPhillips’ fourth quarter earnings but the upstream-focused oil major still managed to net its largest full-year profit in 2019 since the global reset... Read more
Though China’s commitment to buy a lot more U.S. oil, liquefied natural gas and coal over the next two years supplied political headlines for the first-phase trade deal between the two countries,... Read more
Alaska Industrial Development and Export Authority officials are trying yet another way to recoup their $70 million investment in a small and struggling North Slope oil project. The AIDEA board of... Read more
With the help of an Alaska Native corporation and state logistics experts, ConocoPhillips is about to employ a piece of equipment on the North Slope that should be the envy of oil drillers everywhere... Read more