Oil and Gas

Work well under way on Exxon's long-awaited Alaska project

ExxonMobil is starting to make real strides on its Point Thomson hydrocarbon development on the North Slope. The field hugs the shore of the Beaufort Sea, about 60 miles east of Prudhoe Bay and just west of the Arctic National Wildlife Refuge.

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Archive by category ''Oil and Gas

OIL AND GAS

Coast Guard hearing on Shell drill-rig grounding set to start May 20

A formal Coast Guard hearing investigating the circumstances of the grounding of Royal Dutch Shell's drilling rig, the Kulluk, begins at noon May 20 in Anchorage.
OIL AND GAS

Ormat says Spurr geothermal project still in the works

It has been a year or two since much has been heard about Ormat Technologies' project to explore for geothermal resources on the flanks of Alaska's Mount Spurr, the active volcano about 80 miles west of the city of Anchorage. But the project is continuing to progress, Alison Payne, a consultant ...
OIL AND GAS

Pipeline project quietly moving forward would send oil across Canada to West Coast

SAN FRANCISCO -- As President Obama weighs the fate of the Keystone pipeline, a similar project connecting Canada's oil sands to the West Coast is quietly moving forward, little noticed in the United States.
OIL AND GAS

ConocoPhillips puts Arctic drilling plans on hold

ConocoPhillips on Wednesday said it would abandon its plans to begin drilling in Arctic waters north of Alaska because of regulatory uncertainties, underscoring the oil industry's growing reservations about developing the icy, remote region.
OIL AND GAS

ConocoPhillips' strategy for Chukchi Sea drilling in 2014 takes shape

ConocoPhillips is moving ahead with plans for exploration drilling in Alaska's Chukchi Sea in the summer of 2014, Mike Faust, the company's Chukchi Sea exploration project manager, told the National Marine Fisheries Service's annual Arctic Open Water Meeting on March 7.
OIL AND GAS

Dearth of skilled oil, natural gas workers imperils $100 billion projects

After spending years searching for enough crude to pump, the U.S. oil and natural gas industry now is struggling to find and pay for enough skilled workers to tap the abundant supply in shale rock, putting $100 billion in planned petrochemical projects at risk.
OIL AND GAS

ConocoPhillips is using technology to increase production in Alaska, Outside

ConocoPhillips says it plans to spend $2.5 billion in Alaska over the next five years using innovative drilling technologies to mitigate declining production on the North Slope.
OIL AND GAS

Halcro, Wielechowski have high-octane debate over oil taxes

After failing to get Gov. Sean Parnell to debate, Sen. Bill Wielechowski landed another advocate for lowering oil taxes, Anchorage Chamber of Commerce president Andrew Halcro, for a spirited noon-time matchup Monday.
OIL AND GAS

Export fight is a sign of things to come in the oil business

WASHINGTON -- The frenzy to sell more U.S. natural gas overseas has sparked a bitter, unseemly skirmish among Big Business that has such heavyweights as Dow Chemical Co. and GE squaring off over the prospect.
OIL AND GAS

AIDEA considers funding North Slope oil processing facility

The Alaska Industrial Development and Export Authority is considering whether to help finance a North Slope oil processing facility, the first project of its kind for the agency.