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CPAI update
- 11/16/2025 (Full story)
Operator ConocoPhillips Alaska Inc. is expecting first oil at its North Slope Willow project to be sooner than forecast -- "early" 2029 versus later in that year, ConocoPhillips chief executive Ryan Lance said in ConocoPhillips Nov. 6 third quarter earnings report and conference call.
"The teams are....
Crude price crumbles - 11/16/2025 (Login to read Full story)
Crude oil futures cratered Nov. 12 as the Organization of the Petroleum Exporting Countries raised its production forecast while keeping its demand forecast unchanged, erasing its earlier projections of a supply deficit in 2026.
West Texas Intermediate crude plummeted $2.55, or 4.18%, to close at $5....
Chugach El. building solar farm
- 11/16/2025 (Login to read Full story)
"We are very excited about the potential of having the largest solar project in Alaska," Julie Hasquet, Chugach Electric senior manager, corporate communications,....
Santos has announced $1 billion in bonds for corporate purposes
- 11/16/2025 (Login to read Full story)
Santos Limited, owning company of Oil Search (Alaska) LLC, has announced the imminent issue of $1 billion in new bonds. Oil Search is developing the Pikka oil field on Alaska's North Slope. Santos says that the proceeds from the bond sale will be used for "general corporate purposes." The bonds will....
RCA issues regs for operating community energy facilities - 11/16/2025 (Login to read Full story)
The Regulatory Commission of Alaska has issued regulations for the operation of community energy facilities. This type of facility is an entity operating for electrical power generation, in which an individual power consumer can subscribe to rights to part of the power from the facility.
In particu....
Further Alaska gas pipeline and LNG project agreements announced - 11/16/2025 (Login to read Full story)
On Nov.10 Glenfarne Alaska LNG LLC and Baker Hughes announced a strategic alliance for advancing the project for building a natural gas pipeline from the North Slope to the Cook Inlet for the export of Alaska liquefied natural gas.
Glenfarne has selected Baker Hughes to supply refrigerant compresso.... |
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Independents speak out
- 11/16/2025 (Login to read Full story)
Large and small independent oil and gas companies and former State of Alaska officials responded Nov. 21 to a call from the House Special Committee on Oil and Gas. The committee wanted to know what the Legislature could do to encourage independent activity in the state.
What can the Legislature do....
BOEM to hold Gulf of America OCS lease sale, proposes first Cook Inlet - 11/16/2025 (Login to read Full story)
The U.S. Interior Department's Bureau of Ocean Energy Management said Nov. 7 that it is taking two major steps toward expanding offshore energy development pursuant to Trump's One Big Beautiful Bill Act, which the President signed in July.
BOEM will hold an oil and gas lease sale for the Gulf of Ame....
Gasline Caucus briefs lawmakers, staff - 11/16/2025 (Login to read Full story)
The Alaska Gasline Caucus sent out a press release saying that on Nov. 7 the Alaska Department of Transportation & Public Facilities, or DOT, officials briefed Alaska lawmakers and staff about efforts to prepare Alaska's roads and airports for construction of an 807-mile LNG pipeline, as well as a p....
Oil patch bits: KRH recieves cultural tourism award - 11/16/2025 (Login to read Full story)
As reported by Doyon News Nov. 3, Kantishna Roadhouse, a Doyon Limited subsidiary, has been recognized by the Alaska Travel Industry Association with the Cultural Tourism Award. The honor celebrates the Roadhouse's commitment to sharing Alaska Native heritage, history, and traditions with visitors f....
Oil patch bits: AML's specialized transport of fish oil - 11/16/2025 (Login to read Full story)
As reported by Lynden News Nov. 10, Lynden is known for providing specialized transportation options to customers. Trident Seafoods needed to move fish oil from its Alaska locations in Akutan, Kodiak and Dutch Harbor to Ohio, so the Alaska Marine Lines team stepped in, taking on the new logistics pr.... |