Home / Tag Archives: alaska oil and gas (page 2)

Tag Archives: alaska oil and gas

Alaska included in future offshore lease sale schedule

ANCHORAGE, Alaska (AP) — The Obama administration’s five-year offshore drilling plan announced Tuesday includes three future lease sales off Alaska and six areas in state waters that will be closely reviewed for possible environmental and other conflicts with oil and gas activities. The plan by Interior Secretary Sally Jewell covers all potential federal offshore lease sales from 2017 through 2022. ...

Read More »

Murkowski presses Corps of Engineers on Arctic port

Arctic Coast on the edge of Nome, Alaska. (Image: Dan Perez via Flickr)

ANCHORAGE, Alaska (AP) — U.S. Sen. Lisa Murkowski is again asking the Army Corps of Engineers to advance a northern deep-water Alaska port to serve vessels in Arctic waters. The Alaska Republican at a budget hearing Wednesday questioned the assistant secretary of the Army for civil works, Jo-Ellen Darcy, on why the corps is not seeking funding a proposed port ...

Read More »

First oil flows from Alaska reserve set aside in ’23

This Feb. 9, 2016, photo shows a million-pound drilling rig at the CD5 drilling site on Alaska's North Slope. ConocoPhillips in October 2015 became the first to drill for oil in the National Petroleum Reserve-Alaska, a region the size of Indiana set aside by President Warren G. Harding in 1923. Getting to this point took compromises with Alaska Natives while keeping environmental concerns in mind. (AP Photo/Mark Thiessen)

NUIQSUT, Alaska (AP) — Rising from the edgeless, wind-scoured, snow-covered tundra on Alaska’s North Slope lies a million-pound drilling rig pulling the first commercial oil from a reserve set aside nearly a century ago. ConocoPhillips is the first oil company to draw crude from the National Petroleum Reserve-Alaska, an area the size of Indiana which President Warren G. Harding dedicated ...

Read More »

Alaska governor, partners to look at gas-project options

JUNEAU, Alaska (AP) — Gov. Bill Walker said Wednesday that the state and its partners on a proposed mega-liquefied natural gas project will look at different options for moving forward amid low oil prices. More details are expected in early March, Walker’s office said. In a letter last month to officials with project partners BP, ConocoPhillips and Exxon Mobil, Walker ...

Read More »

Army Corps to review North Slope oil project by Spanish firm

View of flying into the North Slope region of Alaska. (Image: Travis via Flickr)

ANCHORAGE, Alaska (AP) — A federal agency will conduct an environmental assessment of a Spanish company’s plans to develop what it says could be a significant oil field on Alaska’s North Slope. The U.S. Army Corps of Engineers announced last week that it will prepare an environmental impact statement for Repsol’s Nanushuk project near the village of Nuiqsut. Repsol estimates ...

Read More »

The Latest: Alaska eyes spring gas special session

JUNEAU, Alaska — The Latest on Gov. Bill Walker’s expectations for a major gas line project Alaska is pursuing (all times local): 6:20 p.m. A state official says Gov. Bill Walker’s administration is committed to a proposed liquefied natural gas project but concerned about the pace of commercial agreements. Deputy Natural Resources Commissioner Marty Rutherford told a House committee it’s ...

Read More »

North Slope companies to keep up spending

Repsol, alaskan oil, The Trans-Alaska Pipeline System was designed and constructed to move oil from the North Slope of Alaska to the northern most ice- free port- Valdez, Alaska

What lies ahead for Alaska’s oil and gas industry in 2016? The overwhelming unknown is the price of crude oil, and whether it will continue to go down, stabilize or creep upward as has been predicted. What is causing the slump is well known. There’s too much oil supply on the market and on the demand side, the economic slowdown ...

Read More »

Alaska oil and gas industry jobless claims up for seventh straight month

The sun sets behind an oil drilling rig in Prudhoe Bay, Alaska on March 17, 2011. REUTERS/Lucas Jackson

Jobless benefits claims are down in Alaska and across the country, but the same cannot be said for the state’s oil and gas sector. The lack of available work has boosted the number of former workers in the extraction and support industries who have filed for unemployment, according to the state labor department. Year-on-year increases in existing unemployment insurance claims ...

Read More »