Category: Arctic

The Great Alaska Shut-Out

The “great Alaska shut-out” may be how future generations describe Sunday’s announcement on ANWR – the most recent salvo in a series of unilateral federal actions to close Alaskan energy development. Closing large areas of federal land and waters in Alaska to oil and natural gas development limits the energy potential of Alaska, deprives the […]  More »

Shell planning to restart Arctic drilling this year

Shell is planning on spending $1 billion to drill exploratory oil wells in Arctic waters north of Alaska this year — as long as it clears legal and permitting hurdles, said CEO Ben Van Beurden.  More »

Republicans vow to fight administration on Arctic drilling

Republicans lashed out at what they called a “triple whammy” of Obama administration actions that could limit oil development in and around Alaska, including new protections in the Arctic National Wildlife Refuge and a coming plan for selling offshore drilling rights.  More »

Arctic Energy is Critical in Lone Star Country

As Texans like to point out, we could be considered a country unto ourselves. Fiercely independent and always willing to celebrate our distinctive status, we have lots of reasons to brag. That said, Texas also has a unique relationship with Alaska, which may not be obvious to all of us who live in this great […]  More »

Obama to seek wilderness designation for Alaska refuge

President Barack Obama is boosting protection of Alaska’s Arctic National Wildlife Refuge and will ask Congress to designate more than 12 million acres as a wilderness area, including its potentially oil-rich Coastal Plain.  More »

Alaska faces lean budget times as oil prices plunge

Alaska heavily relies on oil revenue to fund the cost of state government, but the fall in prices has contributed to an estimated 80 percent decline in the state’s share of production taxes from last year.  More »

Despite declining oil prices, $45 billion Alaska LNG export project moves forward

The project aims to extract North Slope natural gas and move it through an 800-mile pipeline for loading onto tankers bound for Asia.  More »

Alaska’s Walker bracing for budget crisis amid oil price crash

Politico wrote that Alaska’s state budget was based on oil remaining above $100 through 2015.  More »

As oil prices fall, Alaska governor halts project spending

With oil prices dropping, Alaska Gov. Bill Walker has halted new spending on six high-profile projects, pending further review.  More »

Shell collaborating with regulators over Arctic drilling

Newly released documents suggest federal regulators are collaborating closely with Shell as the company pursues a new round of Arctic drilling next summer, even though an underlying sale of the region’s oil leases is still in legal limbo.  More »

Arctic offshore drill company enters guilty pleas

Bernie G. Wolford Jr., president of Noble Drilling U.S. LLC, appeared in federal court in Anchorage on Friday after reaching an agreement with prosecutors earlier this month.  More »

Chevron abandons Arctic drilling plans

Chevron told Canada’s National Energy Board Wednesday that it would pull out of Beaufort Sea.  More »

Obama withdraws Alaska’s Bristol Bay from drilling

Obama says in a video announcement that the natural resource is too precious to be put out to the highest bidder.  More »

Alaska faces $3.5B deficit amid lower oil prices

The state is expected to dip into savings to get by. Gov. Bill Walker, who took office Dec. 1, has warned of lean times ahead.  More »

Noble pleads guilty to violations involving Arctic drillship

Noble Corp. pleaded guilty Monday to eight criminal charges tied to pollution, propulsion and record keeping problems with the two drilling rigs that bored Arctic oil wells for Shell in 2012.  More »
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