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
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
The State of Alaska’s North Slope oil and gas lease sale netted only about half of the bid revenue that the Bureau of Land Management’s sealed bid auction for the Arctic National Wildlife Refuge... Read more
Interior Department leaders published their decision to open nearly 7 million more acres of the western North Slope to the oil and gas industry Jan. 4 while federal attorneys prepared to defend the... Read more
U.S. District Court of Alaska Judge Sharon Gleason rejected a late attempt to stop the Trump administration’s Arctic National Wildlife Refuge coastal plain lease sale Jan. 5 when she denied a... Read more
The leaders of Alaska’s development bank moved the state a big step closer towards being an active oil industry player late Dec. 23 when they approved spending up to $20 million on bids for Arctic... Read more
Alaska is positioned to possibly become an even more popular destination when travel eventually resumes en masse but oil markets aren’t likely to rebound nearly as well despite relative recent... Read more
Trump administration officials nearly waited until the last minute to make it happen, but opening bids for an Arctic National Wildlife Refuge coastal plain lease sale will be one of the first things... Read more
The State of Alaska’s traditional revenue sources are expected to fall to the lowest level in more than 40 years when the current fiscal year ends and the situation is only expected to get worse... Read more
The federal 9th Circuit Court of Appeals invalidated the Interior Department’s environmental review of Hilcorp Energy’s offshore North Slope Liberty oil project in a ruling issued Dec. 7.
A three-... Read more
In the final days of the Trump administration, federal environmental regulators are proposing to roll back some of the Arctic offshore drilling requirements mandated in 2016.
The Bureau of Ocean... Read more
Alaska’s resource extraction industries will be best served by working with, not against, the incoming Biden administration through an emphasis on how the industries can support Democrats’ broader... Read more
Development of one of the largest North Slope oil prospects in decades will be more deliberate but eventually result in much more oil being produced at lower costs than originally planned, according... Read more
ConocoPhillips Alaska leaders announced Wednesday that they will soon get back to what largely makes an oil company an oil company: drilling for oil.
Joe Marushack, president of ConocoPhillips... Read more
With the significant loss at the polls for Ballot Measure 1, a major increase in oil production taxes is again off the table, for now, but that doesn’t mean the Legislature won’t revisit the topic in... Read more
Bureau of Land Management Alaska officials continue working towards auctioning off oil and gas leases in the coastal plain of the Arctic National Wildlife Refuge ahead of the administration change... Read more
A special $22.5 million state loan for a struggling North Slope oil project that was paid back by another state agency in a complex financial arrangement was likely legal but created conflicts of... 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
Alaska is positioned to possibly become an even more popular destination when travel eventually resumes en masse but oil markets aren’t likely to rebound nearly as well despite relative recent... Read more
Trump administration officials nearly waited until the last minute to make it happen, but opening bids for an Arctic National Wildlife Refuge coastal plain lease sale will be one of the first things... Read more
Alaska’s resource extraction industries will be best served by working with, not against, the incoming Biden administration through an emphasis on how the industries can support Democrats’ broader... Read more
Development of one of the largest North Slope oil prospects in decades will be more deliberate but eventually result in much more oil being produced at lower costs than originally planned, according... Read more
ConocoPhillips Alaska leaders announced Wednesday that they will soon get back to what largely makes an oil company an oil company: drilling for oil. Joe Marushack, president of ConocoPhillips... Read more
Bureau of Land Management Alaska officials continue working towards auctioning off oil and gas leases in the coastal plain of the Arctic National Wildlife Refuge ahead of the administration change... Read more
A special $22.5 million state loan for a struggling North Slope oil project that was paid back by another state agency in a complex financial arrangement was likely legal but created conflicts of... Read more