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, ...

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 ...

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 ...

The Baker Hughes' U.S. rotary drilling rig count was 585 the week ending Nov. 1, unchanged from last week, and down by 33 from 618 a year ago, also unchanged from two weeks ago. Over the last eight ...

The Alaska Department of Natural Resources has proposed regulations on carbon storage, exploration licensing and leasing out for public comment, with comments due no later than 5 p.m., Dec. 2, DNR's ...

During an Oct. 23 presentation to the Regulatory Commission of Alaska Curtis Thayer, executive director of the Alaska Energy Authority, talked about the importance of the Bradley Lake hydroelectric ...

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 ...

The Alaska Oil and Gas Conservation Commission has approved a request from Hilcorp Alaska for a vertical extension of the Sterling-Beluga gas pool at Beluga River to include a shallower interval. In ...

On Nov. 1 the Alaska Department of Natural Resources' Division of Oil and Gas approved the formation of the Narwhal unit by joint venture partners Narwhal LLC and EE Partners Corp., which each hold a ...

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 ...

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.

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 ...