Energy

Laws and regulations after the Exxon Valdez ran aground in 1989 in Alaska account for much of the difference in tanker spills, one official said.

The governor has appointed Greg Wilson to replace longtime commissioner Dan Seamount.

Central banks around the world stepped up their fight against inflation at the cost of growth that fueled oil prices.

The Biden administration plans to open bids by Dec. 30. The requirement is part of the Democratic compromise climate legislation passed last month.

Work on ConocoPhillips’ Willow prospect, which could yield 180,000 barrels of oil daily, could being this winter if approved quickly.

Improvements to a downtown Anchorage building should bring energy cost savings that more than cover the cost of the loan.

The groups contend a federal agency did not consider the full effects of greenhouse-gas emissions associated with the potential 1.6 billion barrels of oil the Peregrine prospect is estimated to contain.

Knik Arm Services, a small real estate and leasing firm, has backed out, leaving just the Alaska Industrial Development and Export Authority holding leases in ANWR. The departure adds to questions about the prospects for oil drilling in the refuge’s 1.6 million-acre coastal plain.

The field is considered one of the largest conventional discoveries of oil in the U.S. in decades. Global oil and gas companies Santos and Repsol announced they will invest $2.6 billion in the project.

The 18,000-gallon spill in Point Lay has been contained, according to the Alaska Department of Environmental Conservation.

BP’s second quarter 2022 results were driven by the Ukraine war and a surge in global demand.

The measure proposes reinstating a recently canceled Cook Inlet oil and gas lease sale. It also would not stop oil and gas drilling in the Arctic National Wildlife Refuge.

Congress and the EPA have largely failed to regulate methane “super emitters.” That leaves it up to producers — in some cases the very companies that have been fighting regulations — to cut emissions on their own.

Alaska’s U.S. senators sent a joint letter to the Interior Department calling on the Biden administration to keep moving the Willow project ahead in time for the winter construction season on the North Slope.

The White House has opened the door to approving fossil fuel projects that would violate the president’s climate pledges, hoping their approval could help them secure Sen. Joe Manchin’s vote for a historic climate package stuck in Congress.

The announcement drew immediate condemnation from environmental groups, saying advancing the project is contrary to the president’s stated goals to address climate change.

After Alaska North Slope crude oil prices hit a record low in April 2020, they’ve risen to more than $100 per barrel.

Administration officials said fewer lease sales — or even no lease sales at all — could occur, with a final decision not due for months.

Golden Valley Electric Association voted this week to develop a plan to close one of its two coal plants in Healy.

The incident this week led to the release of 5,000 gallons of fuel, according to a final Alaska Department of Conservation report. Some burned and the rest was contained.

The Biden administration will soon weigh in on ConocoPhillips’ Willow project, near the community of Nuiqsut. The decision will directly test how the administration is weighing pressure to deepen America’s ability to produce oil against a desire to make progress curbing climate change and bolstering environmental protection.

Companies see only headaches on the horizon for refineries, undercutting the White House push to boost production.

After hearing concerns about transparency, commissioners argued the monthly meetings had little-to-no attendance and were often canceled.