Alaska reverses course, opening door for ConocoPhillips exploration on North Slope

Alaska reverses course, opening door for ConocoPhillips exploration on North Slope

The administration of Alaska Gov. Bill Walker this week reversed its earlier rejection of a lease transfer between two oil companies, opening the door for...
Novatek head touts job-boosting potential of LNG projects in Russia’s Arctic

Novatek head touts job-boosting potential of LNG projects in Russia’s Arctic

In a meeting with the Russian Premier Dmitry Medvedev last week, leader of Novatek Leonid Mikhelson underlined that the development of the grand Yamal...
Rosneft finds more than 80 million tons of oil in its first offshore Laptev Sea well

Rosneft finds more than 80 million tons of oil in its...

Russian oil giant Rosneft says that the Tsentralno-Olginskaya-1 well, it's first ever drilling in the Laptev Sea, holds at least 80 million tons of...
Governor feuds with ExxonMobil as state moves to take over LNG project

Governor feuds with ExxonMobil as state moves to take over LNG...

An October letter from Gov. Bill Walker to an ExxonMobil executive suggests the governor deeply distrusts the company when it says it will continue to...
New Alaska oil projects could add 100K barrels by 2021 — but some are questionable

New Alaska oil projects could add 100K barrels by 2021 —...

Large Alaska oil discoveries announced in the last two years are creating a buzz in the oil and gas industry, but it’s uncertain when...
Asia’s soaring gas demand opens window for new LNG projects

Asia’s soaring gas demand opens window for new LNG projects

NUSA DUA, Indonesia/SINGAPORE — Soaring gas demand from China, India and Southeast Asia is sucking up an LNG supply glut previously expected to last...
A federal agency decision keeps former Shell leases in the Beaufort Sea alive

A federal agency decision keeps former Shell leases in the Beaufort...

Beaufort Sea oil leases that had been scheduled to expire late last year are now still alive, thanks to a decision by a U.S....
Novatek’s Yamal LNG will face logistical challenges during the coming winter months

Novatek’s Yamal LNG will face logistical challenges during the coming winter...

Russian natural gas major Novatek is bound to face logistical challenges at its Yamal LNG operation despite ongoing efforts to streamline shipping operations. The...
Ban on new Arctic drilling gives Canada leg up -U.S. lawmakers

Ban on new Arctic drilling gives Canada leg up -U.S. lawmakers

OTTAWA — U.S. lawmakers on Wednesday slammed an agreement made with Canada to ban offshore Arctic drilling, saying Ottawa's plan to review its ban every...
Alaska’s independent governor drops re-election bid

Alaska’s independent governor drops re-election bid

Two days after Alaska’s lieutenant governor abruptly resigned in what appeared to be a sexual harassment scandal, Alaska’s governor ended his campaign for re-election...