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Complete PDF Edition Week of November 23, 2025 Exciting times - 11/23/2025  Part 1 of 2: In a Nov. 18 Petroleum News interview with the acting commissioner of the Alaska Department of Natural Resources, John Crowther painted a bright picture of activity and progress on the North Slope over the last decade-plus. "Right now we see companies at every step of the development li.... Bumper lease sale - 11/23/2025  Alaska's Division of Oil and Gas has published the results of its recent North Slope regional oil and gas lease sale. On multiple counts this turned out to be the most successful sale for more than a decade. (See map in the online issue PDF) The sale of a total of 287 lease tracts achieved the hig.... Some storage challenges - 11/23/2025  In a Nov. 12 Regulatory Commission of Alaska public meeting executives from Anchorage based Enstar Natural Gas Company talked about the challenges that the utility faces in its future gas storage needs. The utility will need more gas storage capacity for ensuring the reliability of gas supplies to i.... Oil price war recedes: Diplomatic effort may restore Russian output - 11/23/2025  Crude oil futures finished the day lower Nov. 19 on reports of renewed diplomatic efforts to end Russia's war on Ukraine, raising chances of the return of Russian production slowed by sanctions and attacks on infrastructure. West Texas Intermediate and Brent each dropped 2.1% on the day to close at.... DOI NPR-A action unlocks North Slope indigenous self-determination - 11/23/2025  On Nov. 13, Voice of the Arctic Inupiat and its members said they support the U.S. Department of the Interior's, or DOI's, decision to issue a final rule rescinding the 2024 National Petroleum Reserve in Alaska (NPR-A) Rule. This action, which supports onshore development opportunities in the petrol....

Harvest buys mothballed Nikiski plant to import LNG using tankers - 11/23/2025  On Nov. 11 Harvest Midstream announced that it had completed the acquisition of the Kenai LNG facility in Nikiski on the west coast of the Kenai Peninsula. Harvest, the pipeline affiliate of Hilcorp Alaska, plans to convert the facility, currently a mothballed LNG export facility, into an LNG import.... This month in history: Shell: Arctic 'tantalizing opportunity' - 11/23/2025  Editor's note: This story first appeared in the Nov. 27, 2005, issue of Petroleum News. As energy demands have grown, discoveries have not kept pace, Chandler Wilhelm, Alaska exploration manager for Shell Offshore Inc. told the Resource Development Council's annual conference. The basins which have.... Interior revokes 2024 rule - 11/23/2025  The Department of the Interior recently announced a final rule rescinding the 2024 Bureau of Land Management rule governing the National Petroleum Reserve in Alaska, a major step in unlocking the energy potential of the roughly 23-million-acre reserve. By reversing Biden-era restrictions for the pe.... Oil patch bits: Airgas earns fourth consecutive Military Friendly gold designation - 11/23/2025  As reported by Airgas News, Nov. 11, Airgas, an Air Liquide company, has been awarded Gold Level Recognition on the 2026 Military Friendly� employers list by VIQTORY for the fourth consecutive year, following three years of the silver level designation. This acknowledgement underscores Airgas' sus....