Category: Arctic

BP selling stakes in Alaska’s North Slope to Houston company

BP is selling off stakes in four Alaskan oil fields near the gigantic Prudhoe Bay, a move that would cut about 15 percent of its crude production in the state, the company said late Tuesday.  More »

Alaska legislature approves advancing gas line project

The Alaska Legislature has passed a bill setting the state’s participation in a major liquefied natural gas project.  More »

Energy Department seeks methane hydrate proposals

The U.S. Department of Energy is soliciting for another round of research into methane hydrates, the potentially huge energy source of “frozen gas” that could step in for shortages of other fossil fuels.  More »

Polar politics threaten Norway’s deepest drive in Arctic

The Norwegian government, seeking to sustain oil revenues that have fueled the country’s prosperity, has floated plans to let drillers push closer than ever to the ice cap — only to run into the strongest opposition yet.  More »

Alaska officials revise oil production estimates higher

Alaska’s Revenue Department is forecasting higher oil production than previously expected, though the overall, long-term trend is still one of decline.  More »

Coast Guard blames 2012 Arctic rig grounding on bad decisions

Coast Guard investigators on Thursday rapped Shell Oil Co. and its contractors for failing to heed the dangers of towing a drilling rig across stormy Alaska waters in late 2012 — a voyage that ended when it ran aground on New Year’s Eve.  More »

Alaska lawmaker wants coal plant without federal regulations

A Republican senator says Alaska should ignore federal regulations and plan to build a large-scale coal-powered plant to generate electricity in the event of an energy crisis.  More »

25 years later, Exxon Valdez spill effects linger (photos)

Twenty five years after the Exxon Valdez spill, most of the species have recovered. But some wildlife, as well as the people who live in the region, are still struggling.  More »

Alaska Senate passes bill to advance gas project with split vote

The Alaska Senate on Tuesday passed legislation aimed at advancing a major liquefied natural gas project, over nagging concerns about the role of TransCanada Corp.  More »

Shell to slash oil field spending, jobs in the Americas

Shell will slash spending and staff in its oil and gas field operations in the Americas, CEO Ben van Beurden told investors Thursday, largely in response to disappointing results in U.S. shale plays.  More »

Q&A: Norway’s new ambassador makes early stop in Houston

In an interview with FuelFix, the new ambassador discusses Norway’s interests in Houston and the fund that Norway created for investing its oil wealth.  More »

Alaska’s minority Democrats unveil oil tax plan

Minority Democrats in the Legislature on Monday unveiled their vision of an oil tax system should voters this summer roll back the tax structure lawmakers approved last year.  More »
Page 1 of 2312345...1020...Last »