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.
Energy
Alaska development bank forecloses on oil field assets after $70 million investment
The Alaska Industrial Development and Export Authority took control of the Mustang project in December after years of fits and starts.
Biden blocks drilling in ANWR, among his first acts as president
The decision came one day after the Trump administration issued oil and gas leases on the coastal plain of Alaska’s Arctic National Wildlife Refuge.
Trump administration issues most leases sold for ANWR oil and gas development
The issuance of nine of the 11 leases sold could complicate efforts by President-elect Joe Biden to halt or delay drilling there. The Alaska Industrial Development and Export Authority said it will not pursue leases for two tracts.
No spill reported after tug strikes oil tanker in Valdez
One of the tug’s crew members was injured in the Jan. 11 collision. The Coast Guard has since permitted the repaired tanker and tugboat to return to service.
What’s the future of oil drilling in ANWR with Democrats in control of Washington?
Even after the first-ever oil lease sale, Democratic control of the legislative and executive branches in Washington is forcing Alaskans to reassess the prospects of drilling in the Arctic National Wildlife Refuge.
These risk-taking companies gambled on Arctic refuge oil leases in the federal government’s first sale there
An activist said the small companies “should be put on notice” that drilling opponents won’t stop fighting.
Murkowski energy bill crosses finish line as part of pandemic relief bill
The Energy Act of 2020 culminated almost six years of work, procedural hang-ups and near-victories for Alaska Sen. Lisa Murkowski.
ANWR lease sale fizzles for Trump administration, with revenue falling far short of hopes
The vast majority of $14.4 million in winning bids were submitted by a development corporation owned by the state of Alaska.
Judge denies request to halt Trump administration from issuing oil leases in Arctic National Wildlife Refuge
U.S. District Court Judge Sharon Gleason denied the conservation and tribal groups’ request, but the broader case against the federal government is not decided.
What will happen at the first-ever ANWR oil lease sale? Here’s what we know.
It’s uncertain whether there will be much bidding announced on Wednesday, but the stakes are high.
![The coastal plain of the Arctic National Wildlife Refuge, with the Brooks Range as a backdrop. MUST CREDIT: U.S. Fish <![CDATA[&]]> Wildlife Service photo](https://www.adn.com/resizer/m97DmOlIx4vZVpZypxAn_5HEGx4=/600x400/cloudfront-us-east-1.images.arcpublishing.com/adn/7GFMQGGYZKMTZD5ZZDZMXWHJBE.jpg)
Judge hears arguments in case to prevent drilling in ANWR
U.S. District Court Judge Sharon Gleason said she would try to issue a decision by “close of business” on Tuesday, the eve of the sale.
Trump administration finalizes plan to expand oil drilling opportunities by millions of acres in Arctic Alaska reserve
The National Petroleum Reserve-Alaska, the largest area of federally managed land in the U.S., contains large new oil discoveries, including ConocoPhillips’ Willow prospect.
As Arctic Refuge oil lease sale looms, a court will consider a request to halt the Trump administration from issuing leases
Oral arguments in federal court could launch an eventful week for efforts to drill in Alaska’s Arctic National Wildlife refuge.
Positive signs for oil, tourism, but rebound will take time
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.
Alaska state-owned corporation approves spending up to $20 million on oil leases in Arctic National Wildlife Refuge
The federal government will announce the lease winners on Jan. 6. Officials with the agency said they are trying to support Alaska’s economy, but a long list of speakers criticized the move.
Conservation groups sue to halt winter work at large ConocoPhillips exploration project
The motion is part of a larger effort to stop the Willow project.
State-owned Alaska corporation to consider bidding on Arctic wildlife refuge oil leases
The directors of the Alaska Industrial Development and Export Authority may approve $20 million in a special meeting.
Trump administration removes close to 475,000 acres from Arctic refuge oil lease sale
The Bureau of Land Management said it was removing 10 tracts from consideration partially in response to input from the public, including comments about the core calving grounds of the Porcupine Caribou Herd.
Pandemic helps drive Alaska revenue from oil taxes and fees to lowest since 1979
Officials say the situation is expected to get worse in the next fiscal year before it starts to improve.