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Tag Archives: arctic offshore drilling

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 ...

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Company plans gravel island to extract Arctic offshore oil

Shell proposed exploratory wells in the Chukchi Sea about 80 miles off Alaska's northwest coast, a Texas oil company wants to build a gravel island as a platform for five or more extraction wells that could tap oil 6 miles from shore in the Beaufort Sea.

ANCHORAGE, Alaska — Arctic offshore drilling by Royal Dutch Shell PLC drew protests on two continents this year, but a more modest proposal for extracting petroleum where polar bears roam has moved forward with much less attention. While Shell proposed exploratory wells in the Chukchi Sea about 80 miles off Alaska’s northwest coast, a Texas oil company wants to build ...

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Statoil announces it will exit Alaska offshore exploration

ANCHORAGE, Alaska — A second major oil company has abandoned plans to drill in the Arctic Ocean off the northwest coast of Alaska. Statoil announced Tuesday it is giving up 16 of its company-operated leases in the Chukchi Sea. The Norwegian company also is abandoning its stake in 50 Chukchi leases operated by ConocoPhillips. The company on its website said ...

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Oil patch slump oozing anxiety throughout the industry

With Shell job losses still looming and some projects stalled amid the continuing oil-price slump, Alaska’s petroleum industry and its related companies are struggling to adapt to the headwinds that threaten the entire economy. “Don’t go out and buy a new motorhome,” suggested Kevin Durling, majority owner of Petroleum Equipment and Services, saying the consequences of slowing activity in the ...

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The Latest: Alaska gov sees ‘loss of hope’ in drilling pause

ANCHORAGE, Alaska — The latest on the Interior Department’s announcement that it is cancelling future lease sales and will not extended current leases in Arctic waters off Alaska’s northern coast (all times local): 2:15 p.m. Alaska Gov. Bill Walker says the Obama administration’s decision to essentially put drilling in Arctic waters off Alaska’s northern coast off-limits as a “loss of ...

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Why we must drill for oil in the arctic

Some green campaigners seem to believe Shell boss Ben van Beurden would be happy dunking polar bears in thick, black crude oil if it helped make the planet even hotter. But van Beurden, the 57-year-old engineer who has run Royal Dutch Shell for nearly two years and has given the company the green light to drill in Arctic waters, believes ...

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Actors join campaign to draw attention to Arctic issue

ANCHORAGE, Alaska — Critics of Arctic offshore petroleum drilling have used climbing gear, kayaks and polar bear costumes to protest industrial activity in the Arctic. They’re now trying humor. Actors Alexander Skarsgard of “True Blood” and Jack McBrayer of “30 Rock,” along with Andy Bichlbaum of “The Yes Men” activists, are on a Greenpeace ship in the Greenland Sea with ...

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Shell seeks modified permit for Arctic offshore drilling

ANCHORAGE, Alaska — With a key safety vessel repaired and in northern waters, Royal Dutch Shell PLC has applied to amend its federal exploratory drilling permit to allow drilling into oil-bearing rock in the Arctic Ocean off Alaska’s northwest coast. Shell last month received permission to begin some drilling at two sites in the Chukchi Sea but was banned from ...

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