While the rest of the energy world deals with reluctant lenders and insurers, activist investors and pension funds turning away from fossil fuels, politicians and citizenry pushing to accelerate the... Read more
For several years now state officials and the leaders of Alaska’s oil industry have been touting a “North Slope renaissance” driven by large projects tapping newly discovered conventional Nanushuk... Read more
For several years now state officials and the leaders of Alaska’s oil industry have been touting a “North Slope renaissance” driven by large projects tapping newly discovered conventional Nanushuk... Read more
Gov. Mike Dunleavy added a unique perspective to the state’s team trying to build the massive and long-sought Alaska LNG Project when he named Janet Weiss of Anchorage to the Alaska Gasline... Read more
Gov. Mike Dunleavy added a unique perspective to the state’s team trying to build the massive and long-sought Alaska LNG Project when he named Janet Weiss of Anchorage to the Alaska Gasline... Read more
The future of the multibillion-dollar Pikka oil project on the North Slope is unclear, but what is almost certain is that it will be changing hands for the third time in six years.
Papua New Guinea-... Read more
Oil-price forecasters mostly focus on two things: supply and demand. They watch the Middle East, follow global politics, track industrial activity and other economic indicators. All of which can... Read more
WASHINGTON — The Biden administration is appealing a federal judge’s ruling against its oil leasing moratorium and deepening government scrutiny of the activity it blames for fanning climate change,... Read more
The rules have changed from a year ago. Between court orders and election-induced policy changes at the White House and Federal Energy Regulatory Commission, natural gas pipelines and liquefaction... Read more
A junior Australian outfit that has been exploring the North Slope for years has likely hit more than 1 billion barrels of oil in a formation that has quickly become the go-to target in the basin.... Read more
Leaders of the state development bank approved a plan Aug. 12 to offload the foreclosed North Slope oil project where it has to date invested more than $70 million.
With little discussion, the... Read more
A lawsuit seeking more than $100 million from the former owners and executives of a once bankrupt Cook Inlet natural gas producer leads with allegations of defrauding investors and ends with claims... Read more
Most people in Alaska would have paid little attention to last week’s announcement that two Australia-listed, publicly traded oil and gas corporations were going to become one, the combined company... Read more
Predicting what the prices of oil and natural gas will be in the next few months requires the weighing of several factors besides just supply and demand.
Oilmen Kirk Edwards and Frosty Gilliam,... Read more
The resurgence in energy demand has treated ConocoPhillips well as the upstream-focused oil major posted a second quarter profit of nearly $2.1 billion, according to an Aug. 3 earnings report.
In... Read more
Though OPEC members earlier this month settled their latest dispute over how much and how fast to bring back shuttered oil production, the longevity of the peace could be influenced by an emerging... Read more
Rigs will be likely drilling new wells again soon in one of the country’s largest oil fields if state regulators approve Hilcorp Energy’s amended annual work plans.
Representatives for Hilcorp North... Read more
The managing director of an oil company pursuing a major project on Alaska’s North Slope has resigned, raising questions about the future of the project.
Keiran Wulff ran Oil Search’s Pikka project... Read more
State officials leading the Alaska LNG Project insist a new Department of Energy review of the massive natural gas export venture will find it would help lessen global greenhouse gas emissions if... Read more
The U.S. Department of Energy has ordered a supplemental environmental review of the full lifecycle of greenhouse-gas emissions from production on the North Slope to consumption by customers for the... Read more
Alaska’s $700 million-plus oil and gas tax credit obligation has been cut some but not because lawmakers are paying it down.
Leaders of the small North Slope explorer 88 Energy Ltd. announced June... Read more
Nearly 30 years after ExxonMobil agreed to pay $900 million to help restore resources damaged by the company’s disastrous Prince William Sound oil spill, more money remains than was once expected,... Read more
Improving oil prices and a little better than expected North Slope production are bits of good news for Alaska’s budget situation, but everything is relative when compared against the worst of 2020... Read more
Federal judges in recent weeks have reopened the door to more oil and gas exploration in Cook Inlet, but the immediate impact is uncertain.
Federal Western Louisiana District Court Judge Terry... Read more
Small independents did the bidding in Wednesday’s Cook Inlet oil and gas lease sale that netted the Department of Natural Resources $451,594 from eight bids, according to the department's tally.... Read more
For several years now state officials and the leaders of Alaska’s oil industry have been touting a “North Slope renaissance” driven by large projects tapping newly discovered conventional Nanushuk... Read more
Gov. Mike Dunleavy added a unique perspective to the state’s team trying to build the massive and long-sought Alaska LNG Project when he named Janet Weiss of Anchorage to the Alaska Gasline... Read more
The rules have changed from a year ago. Between court orders and election-induced policy changes at the White House and Federal Energy Regulatory Commission, natural gas pipelines and liquefaction... Read more
Leaders of the state development bank approved a plan Aug. 12 to offload the foreclosed North Slope oil project where it has to date invested more than $70 million. With little discussion, the... Read more
Most people in Alaska would have paid little attention to last week’s announcement that two Australia-listed, publicly traded oil and gas corporations were going to become one, the combined company... Read more
Predicting what the prices of oil and natural gas will be in the next few months requires the weighing of several factors besides just supply and demand. Oilmen Kirk Edwards and Frosty Gilliam,... Read more
The resurgence in energy demand has treated ConocoPhillips well as the upstream-focused oil major posted a second quarter profit of nearly $2.1 billion, according to an Aug. 3 earnings report. In... Read more
Though OPEC members earlier this month settled their latest dispute over how much and how fast to bring back shuttered oil production, the longevity of the peace could be influenced by an emerging... Read more
Rigs will be likely drilling new wells again soon in one of the country’s largest oil fields if state regulators approve Hilcorp Energy’s amended annual work plans. Representatives for Hilcorp North... Read more
The managing director of an oil company pursuing a major project on Alaska’s North Slope has resigned, raising questions about the future of the project. Keiran Wulff ran Oil Search’s Pikka project... Read more
Alaska’s $700 million-plus oil and gas tax credit obligation has been cut some but not because lawmakers are paying it down. Leaders of the small North Slope explorer 88 Energy Ltd. announced June... Read more
Nearly 30 years after ExxonMobil agreed to pay $900 million to help restore resources damaged by the company’s disastrous Prince William Sound oil spill, more money remains than was once expected,... Read more
Improving oil prices and a little better than expected North Slope production are bits of good news for Alaska’s budget situation, but everything is relative when compared against the worst of 2020... Read more
Small independents did the bidding in Wednesday’s Cook Inlet oil and gas lease sale that netted the Department of Natural Resources $451,594 from eight bids, according to the department's tally.... Read more