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Anchorage Municipal Light and Power and Chugach Electric Association are looking to buy ConocoPhillips’ stake in the Beluga River Unit about 35 miles west of Anchorage.
The head of the oil industry’s top lobbying group says the U.S. is an emerging global energy powerhouse, and can can grow even stronger if the federal government imposes fewer regulations.
Late last year a second major oil company was forced to abandon plans to drill in the Arctic Ocean off the coast of Alaska – and irresponsible, high-fiving anti-development activists, most of whom live thousands of miles away and will not be affected, could not be more thrilled. But for those who live close by, the ones […]
Delayed infrastructure projects, industry concerns over free falling oil prices, mounting excessive and duplicative regulations, and ongoing partisan battles topped the list of energy headlines for 2014. It also topped the list of energy headlines for 2015. But while the plotlines were the same, the details and storylines changed considerably this year. That’s because this […]
The Polar Pioneer cancellation marks the second for Transocean this month.
The Office of the Inspector General concluded that managers edited an environmental review of the 2008 Chukchi Sea lease sale and established an “expedited timeline” for its completion by an Interior Department agency.
The 57 blocks on offer include 34 in the Barents Sea southeast, the first new area to be opened to exploration in Norway since 1994.
The plea comes as a state Senate working group has been scrutinizing the program, which paid $628 million last year to companies on the North Slope, in Cook Inlet and other areas.
The ruling states that the project to update four pump stations and control systems along the 800-mile line, known as Strategic Reconfigurations, was “imprudently” managed.
Legislators earlier this month approved funding for the state to buy out the Canadian pipeline company’s interest in the project, giving the state a greater stake.