in Alaska have surged to their highest levels in a decade. But job numbers in the oil and gas

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• OIL & GAS
  • Oil prices are through the roof. Here’s why job numbers in the Alaska oil patch are not.Oil prices in Alaska have surged to their highest levels in a decade. But job numbers in the oil and gas industry have barely budged upward after they crashed during the COVID-19 pandemic, even as… Read more
  • Oil prices are through the roof. Here’s why job numbers in the Alaska oil patch are not.Oil prices in Alaska have surged to their highest levels in a decade. But job numbers in the oil and gas industry have barely budged upward after they crashed during the COVID-19 pandemic, even as… Read more
  • Future trends not all rosy for LNG sellers and developersLiquefied natural gas is in short supply, the tight market is expected to continue for two or three more years, and new Russian LNG production planned to come online during that time could be delayed… Read more
  • Oil company backs out of lease in Arctic National Wildlife RefugeThe only oil company that bought a single lease in the Arctic National Wildlife Refuge early last year has canceled its lease, according to the U.S. Interior Department. The move by Regenerate Alaska… Read more
  • Remote Canadian community working towards local gas supplyAlmost 10 years ago, Inuvik, in Canada’s Northwest Territories, just shy of the Beaufort Sea, started received deliveries of liquefied natural gas for its power generators from a gas plant near… Read more
  • War in Ukraine propels the price of Alaska oil past other benchmarksWhile the cost of one is most certainly not worth the other, Russia’s invasion of Ukraine is proving to be an indirect windfall for Alaska’s treasury. Alaska North Slope crude oil traded for $115.14… Read more
  • Going nuclear: Alaska is a big target for small reactorsNuclear industry giant Westinghouse is targeting Alaska for deployment of its small-scale reactor technology. Representatives from Westinghouse’s nuclear division have been traveling to Alaska in… Read more
  • Europe spending more on today’s gas and tomorrow’s energy transitionCALGARY — The decision to reduce its dependency on Russian natural gas presents Europe with a near-term dilemma that holds long-term implications: Invest in new gas supplies, such as LNG import… Read more
  • Europe’s demand for gas is pushing the U.S. supply to its limitsPresident Joe Biden met with European Union leaders last week and pledged the U.S. would send more liquefied natural gas across the Atlantic to help utilities, industry and consumers who are enduring… Read more
  • FERC chair defends new GHG reviews for pipelines, LNG projectsSpeaking to thousands of oil and gas industry officials, analysts and reporters at a conference in Houston, the chair of the Federal Energy Regulatory Commission spent much of the time defending his… Read more
  • Leading Alaska’s resources: Meet new RDC for Alaska Executive Director Leila KimbrellFor Leila Kimbrell, her new job is a way to carry on a family tradition, of sorts. She took over as executive director of the Resource Development Council for Alaska in late January and immediately… Read more
  • After more than a week, gas is still leaking from Alpine field, ConocoPhillips saysTen days after a natural gas leak was discovered at its Alpine oil development on Alaska’s North Slope, ConocoPhillips is still trying to identify the exact source and says it’s warming up a drilling… Read more
  • Tight oil and gas markets, geopolitics leading to a coal comebackThe world is still figuring out how to cope with the loss of Russian oil and natural gas exports, where alternative supplies will come from and how much the fuels will cost in the months and years… Read more
  • Federal loan guarantee for Alaska gas line not a sure thingThe federal infrastructure bill does not include billions of dollars in loan guarantees for a proposed Alaska North Slope gas pipeline project. The legislation merely changed federal law so that a… Read more
  • EPA fines Hilcorp $180K for methane leaks, reporting violationsHilcorp Alaska has paid fines totaling $180,580 for nearly three dozen Clean Air Act violations at its facilities across the state, according to a statement from Environmental Protection Agency… Read more
  • Biden blocks Russian oil imports in latest round of sanctions on KremlinWASHINGTON — President Joe Biden announced on Tuesday that the U.S. will ban the importing of Russian oil, liquefied natural gas and coal, broadening the economic sanctions leveled against Moscow… Read more
  • Dunleavy pitches energy transition to spur economy; utilities proceed with cautionWhile mandates for renewable energy production across the country are often set with an aim to combat climate change, Gov. Mike Dunleavy insists Alaska needs its own ambitious renewable standards to… Read more
  • High prices turn U.S. LNG tankers to EuropeIt’s not that seven was any sort of long-standing numbers bet for U.S. liquefied natural gas projects. It’s that customers, particularly in energy-hungry Europe, were fortunate that America had a… Read more
  • More Russian gas to China could displace U.S. LNGEnergy diversity is bringing Russia and China together. China likes the idea of buying more natural gas from Russia so that it can avoid getting too dependent on its political antagonists in the… Read more
  • ConocoPhillips bests pre-pandemic results with $8.1B profit in 2021At least in terms of its books, ConocoPhillips pulled out of the pandemic in a big way last year. The Houston-based producer on Thursday posted full-year 2021 earnings of nearly $8.1 billion… Read more
  • Alaska LNG can beat Gulf Coast projects on price, new report saysA new analysis of the $38 billion proposed Alaska LNG Project concludes state officials have done a lot to improve the financial viability of the megaproject since the last review that largely… Read more
  • Orphan well programs take shape; Alaska requests $42MFederal officials are putting together the framework of interagency programs to handle nearly $5 billion for cleaning up and plugging thousands of orphaned oil and gas wells across the country, and… Read more
  • Producing states line up against FERC’s effort to review gas project emissionsMembers of Congress, 19 Republican state attorneys general and a former Federal Energy Regulatory Commission member are criticizing FERC’s ongoing efforts to consider greenhouse gas emissions when… Read more
  • State regulators maintain they lacked enforcement power over 2017 gas leak after Supreme Court rulingState regulators are insisting that oil and gas in Alaska cannot legally be deemed wasted if it leaks after it was the subject of a commercial transaction. The Alaska Oil and Gas Conservation… Read more
  • Working double time on the SlopeWhile fieldwork at some of the big-name, multibillion-dollar North Slope oil projects is on hold, one small operator is busy advancing two prospects not far from the Dalton Highway. London-based… Read more

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