U.S. energy secretary criticized for comparing banks’ Arctic policies to racial discrimination

U.S. energy secretary criticized for comparing banks’ Arctic policies to racial...

WASHINGTON — Liberal groups criticized U.S. Energy Secretary Dan Brouillette on Tuesday for a comment comparing the reluctance of some banks to finance fossil...
ConocoPhillips earned $233M in Alaska in 2016, a global highlight for the company

ConocoPhillips earned $233M in Alaska in 2016, a global highlight for...

ConocoPhillips slashed its global losses in the final three months of 2016 with help from more than $100 million of profits in Alaska, which...
Under settlement, ExxonMobil proposes more oil production at Point Thomson field

Under settlement, ExxonMobil proposes more oil production at Point Thomson field

ExxonMobil is proposing a dramatic increase in oil production at a North Slope field, under the terms of a 2012 settlement with the state...
Russia approves €1 billion LNG transshipment terminal on Kola coast

Russia approves €1 billion LNG transshipment terminal on Kola coast

The Russian federal government intends to spend 70 billion rubles (€965 million) on the construction of a new major Arctic terminal for storage and...
Trump’s 2021 budget includes more funding for icebreakers, other Arctic priorities

Trump’s 2021 budget includes more funding for icebreakers, other Arctic priorities

The Trump administration's $4.8 trillion proposed 2021 U.S. budget was released Monday, and it includes funding for several Arctic-related initiatives. Key among these are...
The two problems with Trump’s offshore drilling push

The two problems with Trump’s offshore drilling push

President Donald Trump is moving forward with a campaign promise to reopen federal waters in the Atlantic, Pacific and Arctic oceans for oil and...
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...
Changes to plans for a huge new Arctic Alaska oil project prompt more environmental review

Changes to plans for a huge new Arctic Alaska oil project...

An alteration in the plan to develop what is expected to be the westernmost producing oil field on Alaska’s North Slope has prompted federal...
Norwegian oil company expands in northern Russia

Norwegian oil company expands in northern Russia

Geotechnologia, a subsidiary of Araca Energy, has acquired two license areas in the northern Russian region of Komi. The Aiyuvinsky and Vostochno-Sedelsky licenses cover...
A major Alaska Arctic natural gas plan now looks economically dubious — but it just passed a major milestone

A major Alaska Arctic natural gas plan now looks economically dubious...

Plans for a pipeline carrying natural gas from Alaska’s Arctic to a tidewater port in the southern part of the state have floundered economically,...