U.S./Canada ///
ConocoPhillips has provided an update on its operating plan for Alaska, focusing on the company’s long history of creating value in the state and an ongoing commitment to invest in low cost of supply opportunities.
BP has announced that it has entered into agreements with ConocoPhillips that will significantly increase its holding in Clair field, a core asset of BP’s North Sea business in the UK.
Don’t hold your breath waiting for oil from ANWR.
As Alaska’s congressional delegation worked feverishly last year to achieve the decades-long dream of drilling for oil in the Arctic National Wildlife Refuge, they came across a formidable opponent: Canada.
The Alaska LNG Project reached a historic milestone today as BP Alaska and Alaska Gasline Development Corporation (AGDC) announced the parties have agreed to key terms of a gas sales agreement, including price and volume.
The Bureau of Ocean Energy Management (BOEM) has announced it will publish in the Federal Register a call for information and nominations covering a proposed lease sale in Alaska’s Beaufort Sea Planning Area in 2019.
William (Bill) Head, Contributing Editor
2018: The best [or worst] year ever?
U.S. Secretary of the Interior Ryan Zinke released an updated resource assessment for the National Petroleum Reserve in Alaska (NPR-A), the Western Beaufort Sea, adjacent State and Native lands, and State waters, which estimates the mean undiscovered, technically recoverable resources both on and offshore to include 17.6 Bbbl of oil and more than 50 Tcf of gas.
Congress is close to lifting a 40-year-old ban on energy development in Alaska’s Arctic National Wildlife Refuge, but drilling for oil in that frozen wilderness may still be years away as the effort faces exhaustive environmental reviews and likely lawsuits.
The Trump administration has a plan in place to speed up permit reviews for drilling in Alaska’s Arctic National Wildlife Refuge if Congress approves exploration there, an advisor to the U.S. Interior Department said Thursday.
A bid to open the Arctic National Wildlife Refuge to oil drilling faces a hold up over an arcane budget rule, a development that may mean it can’t be included in the tax overhaul legislation.
Oil drilling in the Arctic National Wildlife Refuge took a significant step forward Wednesday, as the Senate energy committee approved legislation to compel lease sales in the 1.5-million-acre coastal plain along Alaska’s northeast coast -- tying it to tax reform.
Oil Search signed an agreement to acquire a number of oil assets in the Alaska North Slope from privately-owned companies Armstrong Energy LLC and GMT Exploration Company LLC.
Congressional Republicans have found a way to use the federal budget to open the Arctic National Wildlife Refuge to oil drilling -- and they don’t plan on stopping there.
Voice of the Arctic Iñupiat (VOICE) is deeply disappointed by today’s joint press conference, held by a half dozen democratic senators and several NGOs, pleading for permanent protection of the 1002 area of ANWR from oil and gas exploration.
Senate Republicans set the stage for using the budget to end the 37-year ban on oil and gas drilling in Alaska’s pristine Arctic National Wildlife Refuge.
Alaska Senator Dan Sullivan said he’s pushing for budget language that would make it easier for Congress to allow oil and gas drilling in part of the Arctic National Wildlife Preserve.
The Bureau of Ocean Energy Management (BOEM) today announced a draft Environmental Impact Statement (EIS) analyzing the possible environmental impacts of the activities proposed in an offshore oil and gas development and production plan (DPP) submitted to BOEM by Hilcorp Alaska LLC. on Sept. 18, 2015.
Cook Inlet Lease Sale 244 -- the first lease sale held in Alaska’s federal waters since 2008 -- garnered $3,034,815 in high bids for 14 tracts covering roughly 76,615 acres in Cook Inlet, off south-central Alaska. All bids were submitted by Hilcorp Alaska LLC.
The BP-operated Prudhoe Bay oil field in Alaska has reached 40 years of production, a milestone highlighting its historic contribution to U.S. energy security and ongoing role as a key economic engine for the region and nation.