Energy

Norway plans to expand Arctic oil and gas drilling

Norway plans to expand Arctic oil and gas drilling

OSLO — Norway will offer new licenses to drill for oil and gas in its oceans, including previously unexplored acreage in the Arctic, the...
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...
Federal agency has long list of questions for state led Alaska LNG project

Federal agency has long list of questions for state led Alaska...

The federal agency responsible for conducting the environmental review for the $55 billion Alaska LNG project has sent project officials 268 pages of comments...
Wall Street backs away from Arctic drilling amid Alaska political heat

Wall Street backs away from Arctic drilling amid Alaska political heat

ANCHORAGE — Wells Fargo and Co has become third big U.S. bank to publicly announce it will no longer invest in Arctic oil drilling. The...
BP set to return to Russian Arctic

BP set to return to Russian Arctic

The British company is formalizing the establishment of its new joint venture with Russia’s leading oil company, Rosneft. The Yermak Neftegaz will engage in exploration...
Norway picks wind power skeptic as oil minister amid Arctic drilling debate

Norway picks wind power skeptic as oil minister amid Arctic drilling...

OSLO — Norway made an outspoken right-wing lawmaker who once called wind turbines "white monsters" its oil and energy minister on Wednesday, as the...
A Chinese company will supply lithium to Northvolt’s northern Sweden plant

A Chinese company will supply lithium to Northvolt’s northern Sweden plant

BEIJING — China's Tianqi Lithium Corp, one of the world's biggest lithium producers, said on Tuesday that its Australian unit had signed a long-term...
Environmentalists plan lawsuit to force habitat protections for ice seals

Environmentalists plan lawsuit to force habitat protections for ice seals

An environmental group says it plans to sue the Trump administration for failing to designate critical habitat for two species of threatened ice seals...
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....
Eni spuds first oil exploration well in US federal Arctic waters since 2015

Eni spuds first oil exploration well in US federal Arctic waters...

The first well since 2015 targeting federal territory in the Arctic Ocean was spudded on Monday evening, regulators report. Eni U.S. Operating Co., a unit of Italy’s Eni...
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