Small British oil explorer drills Alaska appraisal well in prospect adjacent to haul road
Pantheon Resources leaders believe Talitha-A can be developed quickly even under tenuous market conditions.
Pantheon Resources leaders believe Talitha-A can be developed quickly even under tenuous market conditions.
The Alaska Industrial Development and Export Authority took control of the Mustang project in December after years of fits and starts.
The Energy Act of 2020 culminated almost six years of work, procedural hang-ups and near-victories for Alaska Sen. Lisa Murkowski.
Oil prices have hovered around $50 per barrel for Alaska North Slope crude in mid-December on hopes that the first round of COVID-19 vaccines will translate into greater demand before too long.
Officials say the situation is expected to get worse in the next fiscal year before it starts to improve.
The fund’s balance fell to about $60 billion in late March during the most uncertain early days of pandemic.
Low prices, an oddly timed sockeye run and another year of very poor Kenai king returns combined to result in one of the worst Upper Cook Inlet commercial fishing seasons on record.
Walker said Monday that the state, through the Alaska Gasline Development Corp., has significantly derisked the now $38 billion Alaska LNG Project but it’s time for the work to transition back to the private sector.
Lifting the development impediments imposed by the Roadless Rule is about far more than restoring Southeast’s now niche timber industry to its glory years, proponents of the repeal say.
Seattle-based Fishermen’s Finest Inc. argues Alaska’s fishery resource landing tax violates a constitutional prohibition on taxes or fees levied against goods on the way to export.
The operator of Greens Creek mine, the largest silver mine in the U.S., is asking the Forest Service to approve a plan that would allow the mine to produce into the 2030s.
Glacier Oil and Gas, an Anchorage-based independent producer, wants to put two facilities into “cold-shutdown and unmanned” status.