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As Alaska’s top doctor put it, “We know the fish are coming regardless of COVID-19 or not and we can’t ask them to stay home.” → Read More
ConocoPhillips continued its run of strong returns to start 2019 with its third consecutive quarterly profit of $1.8 billion as its Alaska oil production increased nearly 20 percent. → Read More
New Alaska gasline officials are prepared to break up the band if an internal review concludes the current iteration of the $43 billion Alaska LNG Project doesn’t pencil out. → Read More
ConocoPhillips continued its turnaround from the oil price collapse by netting the company’s first annual profit in four years with net income of more than $6.2 billion in 2018. → Read More
The coming year should be better than last for Alaska’s construction industry and the state economy as a whole. Construction spending across the state is expected to increase about 10 percent this year over last to a grand total of more than $7.2 billion, according to the Associated General Contractors of Alaska’s annual industry forecast. AGC of Alaska Executive Director Alicia Siira said the… → Read More
Italian oil major Eni has reached a deal with Caelus Energy to buy the small independent out of the Oooguruk North Slope field. → Read More
Alaskans should expect a balanced state budget next year, at least as long as Donna Arduin has a say in it. → Read More
If the Arctic winter allows, Alaska will have a new producing oil field by spring, according to Brooks Range Petroleum CEO Bart Armfield. → Read More
Interest in National Petroleum Reserve-Alaska oil and gas acreage was tempered again this year, with federal officials citing a lack of access to the most prospective areas as a reason for the modest bidding. Overall, the Bureau of Land Management received 16 bids over 16 oil and gas leases covering 174,044 acres, Acting BLM Alaska Director Ted Murphy said during the Wednesday morning bid… → Read More
ConocoPhillips Alaska employees have a big round target to hit that company leaders believe is the key to staying competitive. → Read More
The Alaska Department of Transportation has pegged Aug. 11 for christening the M/V Tazlina as the newest state ferry. → Read More
The $43 billion Alaska LNG Project is in a rather unique spot when it comes to the United States’ trade relations with China. → Read More
ConocoPhillips believes its recent winter exploration campaigns on the North Slope have added up to 1.4 billion barrels of oil and gas resources to its portfolio, company officials said in a July 16 presentation to investors. → Read More
It appears the blowback from President Donald Trump’s trade dispute with China will fall on some, but not all of Alaska’s seafood exports to the country. → Read More
The environmental review for one Alaska natural gas pipeline is complete. → Read More
The company spearheading the Pebble mine is again long on mineral prospects but short on cash after another major potential funder turned away from the project, according to a release from Northern Dynasty Minerals Ltd. → Read More
For the second consecutive year Hilcorp Energy had free rein over the state’s annual Cook Inlet oil and gas lease sale. → Read More
The $64 billion Alaska Permanent Fund again earned strong returns in the third quarter of the state fiscal year and going forward its performance is likely going to be scrutinized like never before. → Read More
It took three years, eight iterations of legislation and countless hours of debate filled with both meaningful questioning and pandering rhetoric, but the Legislature was finally able to send the centerpiece of a fiscal plan to Gov. Bill Walker Tuesday afternoon by employing one of the oldest adages known to mankind: keep it simple. → Read More
BP and the Alaska Gasline Development Corp. announced May 7 that they have reached agreement on the primary terms of a gas sales contract to supply the $43 billion Alaska LNG Project. → Read More