Alaska

Alaska Oil, Gas Lease Sale Draws $1.53M in Bids

Alaska Oil, Gas Lease Sale Draws $1.53M in Bids

The Interior Department’s Bureau of Land Management (BLM) received $1.53 million in bids on Wednesday from an oil and natural gas lease sale in the National Petroleum Reserve in Alaska (NPRA).

December 14, 2018

EIS Planned for Potential Beaufort Oil, Gas Lease Sale

The Interior Department’s Bureau of Ocean Energy Management (BOEM) said it plans to prepare an environmental impact statement (EIS) for a proposed offshore oil and gas lease sale to be held next year for tracts offshore Alaska.

November 16, 2018

Hilcorp’s Liberty Island Project for Beaufort Sea Approved

The Interior Department’s Bureau of Ocean Energy Management* has given conditional approval to a subsidiary of Hilcorp Energy Co. to develop an offshore oil and gas production facility in Alaska’s Beaufort Sea.

October 26, 2018
Alaska Federation of Natives Passes Resolution in Support of State’s LNG Project

Alaska Federation of Natives Passes Resolution in Support of State’s LNG Project

The Alaska Federation of Natives (AFN), the largest native organization in Alaska, unanimously passed a resolution in support of plans to build a liquefied natural gas (LNG) project in the state.

October 23, 2018

Trump Plan to Export Natural Gas, Coal from West Coast Military Sites Slammed

Democratic lawmakers are pushing back against a Trump administration proposal to use U.S. military installations or other federal property along the West Coast as potential export terminals for fossil fuel exports to Asia.

October 16, 2018

China Firms, Alaska Reaffirm Plans to Advance Alaska LNG Project

Despite sour trade relations between the United States and China, the public corporation planning to build a liquefied natural gas (LNG) project in Alaska has signed a supplemental agreement with three Chinese companies that agreed to finance the project nearly one year ago.

October 3, 2018
Another ConocoPhillips North Slope Project OK’d by BLM

Another ConocoPhillips North Slope Project OK’d by BLM

The Interior Department’s Bureau of Land Management (BLM) has issued a final supplemental environmental impact statement (SEIS) for Greater Mooses Tooth No. 2 (GMT2), a $1.5 billion development on Alaska’s North Slope first proposed by a subsidiary of ConocoPhillips three years ago.

September 4, 2018

Chinese Companies Said Still Honoring U.S. Agreements, Despite Trade War

Despite souring Sino-U.S. trade relations, executives with two state-owned Chinese companies reportedly plans to honor agreements with their American counterparts, including an $83.7 billion memorandum of understanding (MOU) to develop shale gas and chemical manufacturing projects in West Virginia.

August 27, 2018

Alaska Readies November Lease Sales; North Slope Readies to Re-Emerge as Major Producer

Alaska is holding oil and natural gas lease sales in November to offer open tracts for development on the North Slope, North Slope Foothills, as well as the Beaufort Sea. The auctions come as experts suggest the North Slope is poised to re-emerge as a major U.S. producing area.

August 21, 2018
Interior Said Moving Forward With ANWR Lease Sale in 2019

Interior Said Moving Forward With ANWR Lease Sale in 2019

A Department of Interior official said the agency is moving forward to open a portion of the Alaska National Wildlife Refuge (ANWR) to oil and natural gas leasing in 2019, and predicted that a lease sale scheduled for the region will attract significant interest from producers.

August 14, 2018