Energy

They typically won’t save money in Anchorage. But the natural gas crunch might change that. They’re fairly common in Juneau, where it’s warmer.

The Pikka field is set to deliver first oil within two years, said Kevin Gallagher, chief executive for Santos.

One company, Bluecrest, said it will need more support even after a state agency agreed to forgive some $7 million in loans. Another company, HEX, says it needs the state to agree to a royalty reduction before it will drill a well.

Sens. Cathy Giessel and Bill Wielechowski want the Federal Trade Commission to investigate whether the company has engaged in “illegal anticompetitive practices.”

The Puppy Dog Lake project in Nikiski will nearly triple solar energy in Alaska, a project representative said.

Under President Biden, who campaigned on a pledge of “no more drilling,” America is pumping more oil than any country ever has.

Sullivan said he’s concerned the Interior Department is listening to conservation groups who have filed a petition calling for a plan for the decommissioning of the 47-year-old pipeline.

The Legislature passed several measures this year intended to expand renewable energy in Southcentral Alaska as the region faces a shortage of natural gas.

Still, a 1998 federal report indicates the refuge contains pools of oil that are larger than ConocoPhillips’ Willow prospect to its west.

Harold Hamm has become Trump’s point person in raising funds from the oil industry and relaying to the ex-president what the industry wants.

Northern Journal waded through hundreds of pages of written testimony and hours of recorded public hearings to explain how an Anchorage electric utility’s proposal to raise its rates could affect consumers — and the region’s scarce supply of natural gas.

Furie Operating Alaska is responsible for hundreds of water pollution violations over a long period that began in 2020, according to the agreement with state environmental regulators.

Excelerate Energy operates specialized ships known as a “floating storage regasification units.”

Enstar’s plan is a precautionary step. The Regulatory Commission of Alaska said Enstar and potentially other utilities still must make a final decision to import the natural gas.

Cook Inletkeeper and other conservation groups argued that the environmental review that led to the lease sale was flawed. The ruling suspends the single lease acquired in the sale, by Hilcorp.

Alaska’s oil and gas regulator has fined Hilcorp Alaska $86,000 for an overdue test intended to detect conditions that could cause a blowout.

ConocoPhillips, the state and others have sued to stop the effort.

The North Slope Borough also filed a lawsuit against the environmental protections.

With the future of fossil fuels in question, an Australian oil company is branding its new Arctic development as climate-friendly.

It’s likely 18 months to two years before the state starts selling carbon credits. Several unknowns remain.

The 28 million acres under consideration stretch across five regions in Alaska, including the Bristol Bay watershed, one of the world’s biggest salmon spawning grounds.

The deal, which must be cleared by state regulators, would expand the Texas-based independent’s Alaska operations to the offshore Oooguruk and Nikaitchuq oil fields.

The founder of the Alyeschem project, planned for Prudhoe Bay over the next few years, says it could advance economic development and decrease emissions in the region.