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Below are articles from this weeks's edition of Petroleum News. Subscribers must log in to view the complete articles. Subscribe now for full access.
  • New NPR-A explorer - 12/14/2025 (Full story) Australia-based IPB Petroleum Limited (ASX: IPB) has entered into a Binding Terms Sheet to acquire Peritas LLC, an Alaska registered company owned by Paul L. Craig, who has been involved in Alaska oil and gas leasing, exploration and production since 1993. (See map in the online issue PDF) Perita....

  • To see oil at sea? - 12/14/2025 (Login to read Full story) Alaska North Slope crude, along with West Texas Intermediate and Brent, staged a two-day slide that erased three days of gains as oversupply worries dominated trading. On Dec. 9, ANS slid 58 cents to close at $63.16, WTI slid 63 cents to close at $58.25, and Brent slid 55 cents to close at $61.94. D....

  • Alaska LNG agreement - 12/14/2025 (Login to read Full story) Glenfarne Alaska LNG LLC and POSCO International Corporation have formed a strategic partnership for the Alaska LNG project, the companies announced on Dec. 1 during a Washington DC ceremony attended by senior officials from the Trump administration. The project involves the construction of a 807-mi....

  • Alaska strikes back at insurer use of underwriting to deny Arctic dev. - 12/14/2025 (Login to read Full story) Alaska Gov. Mike Dunleavy told Charles Creitz of Fox News Dec. 8 that his administration is taking a close look at "friction points" with four insurers that may be making it harder to build things in Alaska. "With respect to how our projects get insured, we're concerned that some of the underwriting....

  • Trump signs SJR 80, fulfilling promises made to Alaska leaders - 12/14/2025 (Login to read Full story) On Dec. 5, President Donald Trump signed into law Senate Joint Resolution 80, which nullifies a Bureau of Land Management rule relating to the "National Petroleum Reserve in Alaska Integrated Activity Plan Record of Decision." SJR 80 revokes restrictions on oil and gas drilling in the National Petro....

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  • PBU Western Satellites 2026 plan of development approved by State - 12/14/2025 (Login to read Full story) On Dec. 1 the Alaska Department of Natural Resources' Division of Oil and Gas sent division landman Michael Schoetz of Hilcorp North Slope approval for the Prudhoe Bay Unit Western Satellites 2026 plan of development, or POD, for the period of Jan. 1 through Dec. 31. The approval was sent by certifi....

  • This month in history: Pioneer's Arctic Fox Rig No. 1 has arrived - 12/14/2025 (Login to read Full story) In anticipation of hitting pay at its North Slope Cronus exploration well this winter Pioneer Natural Resources filed applications in mid-December to drill three more wells in the newly formed Cronus unit which is on State of Alaska leases east of the Colville River and about 30 miles south of the B....

  • RRC selects IRP development contractor - 12/14/2025 (Login to read Full story) On Dec. 2 the Railbelt Reliability Council announced that it has selected consultancy company Black and Veatch to develop the integrated resource plan, or IRP, for the Alaska Railbelt's high voltage electrical system. The system includes the electricity generation and transmission facilities that su....

  • Chugach Electric lights up holiday tables across Anchorage - 12/14/2025 (Login to read Full story) Dinner tables across Anchorage will be brighter and more complete this holiday season, thanks to the longstanding philanthropic spirit of Chugach Electric Association Inc. The annual turkey delivery by the member-owned cooperative is underway, with Chugach donating 350 turkeys to 11 local non-profit....

  • Oil patch bits: Lynden partnership with Highline College - 12/14/2025 (Login to read Full story) As reported by Lynden News Dec. 8, Lynden companies continue financial support of the follow the supply chain study abroad logistics program organized by the Center of Excellence for Global Trade and Supply Chain Management at Highline College in Des Moines, WA, and other Washington colleges. "Lynde....

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  • Shell surrenders W. Harrison Bay leases 05/15/2024
  • Armstrong exploration drilling campaign extends prolific Brookian topset fairway 65 miles to east 04/23/2024
  • Hilcorp applies to expand Milne Point unit 03/08/2024
  • Jade files request for reconsideration with ADNR commissioner 03/04/20242
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