In state of Alaska submerged lands of West Harrison Bay offshore the National Petroleum Reserve-Alaska, the Narwhal unit encompasses approximately 77,848.60 acres and encircles Shell Offshore's ...

Crude futures plummeted in early European trading Nov. 6 as the U.S. dollar firmed up in the wake of the Nov. 5 presidential election, but oil prices came roaring back after U.S. markets opened, to ...

Eni said Nov. 4 that its sale to Hilcorp of 100% of its Nikaitchuq and Oooguruk has closed for a value of $1 billion, adding that the transaction had received approval of relevant authorities, and "is ...

Alaska North Slope production averaged 448,085 barrels per day in September, up 4.19%, 18,038 bpd, from an August average of 430,047 bpd, but down 1.41% from a September 2023 average of 454,516 bpd.

On Oct. 31 in connection with ConocoPhillips' quarterly 2024 earnings presentation, ConocoPhillips Alaska reported a net income of $267 million in the third quarter of 2024. During the quarter, ...

Summer operations at the Cook Inlet Natural Gas Storage Alaska facility on the Kenai Peninsula ran smoothly, despite the fact that a major expansion project was being conducted at the facility, Matt ...

The sale of Eni's interests in Alaska to Hilcorp appears to be advancing. The Alaska Department of Natural Resources' Division of Oil and Gas issued an assignment approval Oct. 30 transferring the ...

Natural gas production in Cook Inlet averaged 191,508 thousand cubic feet per day in September, up 4,459 mcf per day, 2.38%, from an August average of 187,048 mcf per day but down 1.36% from a ...

During an Oct. 23 presentation to the Regulatory Commission of Alaska Curtis Thayer, executive director of the Alaska Energy Authority, commented that the cost of upgrading powerhouses in rural Alaska ...

In an Oct. 23 board meeting, the Alaska Industrial Development and Export Authority passed a resolution to spend up to $20 million to buy more leases in an expected second lease sale for the coastal ...

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