The Trump administration is quietly moving to allow energy exploration in the Arctic National Wildlife Refuge for the first time in more than 30 years, according to documents obtained by Continue Reading
After years of steady decline in production and bottomed-out oil prices, Alaska is in a rough spot. They’re over a billion dollars in debt, in large part thanks to unfulfilled Continue Reading
Following an executive order from U.S. Secretary of the Interior Ryan Zinke, the U.S. Geological Survey (USGS) is in the process of generating updated assessments of the oil and gas Continue Reading
The Cristophe de Margerie, an LNG carrier commissioned by French Total, has become the first tanker to pass the Arctic unaided and is now en route to its destination in Continue Reading
Alaska, the final frontier, may be the next oil industry goldmine thanks to aggressive drilling, changing environmental policies, and a bullish administration. Not all Alaskans, however, are on board with Continue Reading
With oil development advocates again emboldened by the prospects of cracking open the Arctic National Wildlife Refuge, a big secret that could add to the continuing debate over exploration remains Continue Reading
Two U.S. senators are promoting a federal budget proposal to drill for oil and natural gas in the Arctic National Wildlife Refuge — at a time when many countries are Continue Reading
Drilling by Italian energy company Eni is set for the Arctic waters off the coast of Alaska in December, the U.S. Interior Department announced. “After a comprehensive review and consideration Continue Reading
Eni US will become the first energy company allowed to explore for oil in federal waters off Alaska since 2015 after the Trump administration this week approved a drilling plan Continue Reading
Arctic drilling may become unprofitable for Norway if oil prices continue to fall, says a new report looking into the best and worst scenarios for this new frontier in the Continue Reading
Preliminary data indicate a new oil field has been discovered in an area said to hold at least a dozen promising reservoirs, Russian oil company Rosneft said. Rosneft said three Continue Reading
U.S. Secretary of State Rex Tillerson will host foreign ministers from Arctic nations at a summit in Alaska on Thursday, where President Donald Trump’s reluctance to fight climate change will Continue Reading
Ahead of a meeting of littoral states, a Russian expert said Wednesday there are new methods to offer an edge in assessing Arctic oil and gas reserves. Vladimir Cheverda, a Continue Reading
Environmental groups are challenging President Donald Trump’s attempt to restore oil and gas leasing on more than 125 million acres in the Arctic and Atlantic oceans, arguing that a warming Continue Reading
Norway’s Statoil on Monday played down concerns that drilling in the Arctic is risky, days before it kickstarts its drilling campaign in the Barents Sea, where the country believes around Continue Reading
This year marks Alaska’s 40th anniversary of the Trans Alaska Pipeline Systems (TAPS)—an 800-mile-long crude oil route that runs from the North Slope to Valdez, the northernmost ice-free port in Continue Reading
Signage for a BP petrol station in London, July 29, 2014. BP Plc said workers on Alaska’s North Slope had brought under control a company-operated well that spewed oil and Continue Reading
Two leaks found from well in Prudhoe Bay on Friday morning Volume of the leak is undetermined, cause still unknown A well operated by BP Exploration Alaska Inc. on Alaska’s Continue Reading
Trans Alaska carrying just a quarter of its peak volume The lower the flow, the higher the risks from Arctic cold Here at the top of the world, January brought Continue Reading
Russian oil company Gazprom Neft said it finished drilling a new production well at one of its flagship fields above the Arctic Circle. The company said it finished the well Continue Reading
Russia can wait for a sustained recovery in oil prices before drilling again in Arctic waters, relying for now on less costly regions even as rival producer Norway accelerates development Continue Reading
Drilling the Arctic region for oil cannot be justified against the background of the major shift in the global oil production paradigm, Goldman Sachs’ lead European commodities equity specialist said Continue Reading
[Shell spent 10 years and $7 billion before withdrawing from exploring the arctic because the oil and gas reserves they found were too meager. The company needed “a multi-billion barrel Continue Reading
The Interior Department is weighing Eni SpA ’s request to explore for oil in waters north of Alaska, giving the Trump administration a chance to reverse course from former President Continue Reading
Caelus Energy and Jim Musselman are braving polar bears, bitter cold and harsh economic reality. It’s hard to tell where the world ends here on the Alaska North Slope. In Continue Reading
Energy enterprises Repsol and Armstrong Energy say they made the largest U.S. onshore oil discovery in three decades in Alaska. The conventional hydrocarbon oil was found in the Horseshoe-1 and Continue Reading
It’s now clear to nearly everyone that U.S. President Trump intends to seek warmer U.S. relations with Russia, while putting China and Iran relations in the deep freezer. Trump has Continue Reading
Far above the Arctic Circle, one of the longest-running controversies in US oil drilling is about to reignite. (Bloomberg) — Far above the Arctic Circle, one of the longest-running controversies Continue Reading
A highly acclaimed Oxford professor who’s considered an expert on energy research has thrown cold water on Norway’s hopes for a new oil era in the Arctic. Dieter Helm doesn’t Continue Reading
Far above the Arctic Circle, one of the longest-running controversies in U.S. oil drilling is about to reignite. Bouyed by Donald Trump’s election, Republicans are pushing to allow oil exploration Continue Reading
Outgoing President Barack Obama is about to invoke a 1953 law in a bid to protect the Arctic and Atlantic shelf of the United States from the claws of the Continue Reading
U.S. and Canadian voices debated the wisdom of the indefinite ban on oil and gas work in some of its territorial waters, the Arctic in particular. As part of a Continue Reading
President Obama has announced what amounts to a ban of offshore drilling in huge swaths of continental shelf in both the Alaskan Arctic Ocean and Atlantic Ocean, a decision which Continue Reading
The US and Canada agreed Tuesday to designate the majority of their Arctic waters off limits to oil and natural gas drilling. The US is also permanently withdrawing areas of Continue Reading
If the ExxonMobil CEO is confirmed as the new U.S. Secretary of State, the evolving relationship between Russia and the United States will take an interesting turn. Rex Tillerson could Continue Reading
Russian oil producer Gazprom Neft said it was starting sea trials for a vessel meant to support oil work, including spill response, in extreme Arctic climates. The company said the Continue Reading
Swedish energy company Lundin Petroleum said Tuesday it made an oil and gas discovery in a frontier area near an existing field in the Barents Sea. The company’s Norwegian subsidiary Continue Reading
The Obama administration is rushing to get a flurry of priorities done before Donald Trump takes office. One of those items was a five-year lease plan from the Department of Continue Reading
A collage of melting sea ice in the Kane Basin between Greenland and Canada’s Ellesmere Island. As extraordinarily warm temperatures continue in the Arctic — temperatures tens of degrees Fahrenheit Continue Reading
Five-year schedule of lease sales leaves out Arctic, Atlantic Environmentalists have pressed for permanent protections The Obama administration’s decision to forgo auctions of new oil and gas drilling rights in Continue Reading
Political people in the United States are watching the chaos in Washington in the moment. But some people in the science community are watching the chaos somewhere else — the Continue Reading
TAPS pipeline Much has been made about President-elect Donald Trump’s plans to dismantle environmental regulations and streamline regulations that could lead to the construction of more pipelines . But there Continue Reading
Barents sea oil The latest 3D seismic surveys suggest that there may be billions of barrels of undiscovered oil in the Barents Sea, according to a geology and geophysics expert Continue Reading
Russian company Zapsibgidrostroy (it’s a mouthful, yes) has begun the construction of the docks that will carry the world’s first floating nuclear power plant to its location off the Chukotka Continue Reading
A section of the Trans-Alaska Pipeline in the northern Brooks Range, Alaska. A $3.5 billion budget gap prompts tough action by lawmakers Drillers say the changes threaten North Slope momentum Continue Reading
A small company just announced that it has made a “world-class” oil discovery in Alaska, which could be the largest find in the state in years. Caelus Energy LLC, a Continue Reading
With a state pipeline system on empty, Alaska’s governor optimistic about a new oil discovery in the state’s North Slope region. Photo by Heather Snow/Shutterstock Alaska Gov. Bill Walker said Continue Reading
Caelus Energy Alaska makes an oil discovery of 6 billion barrels of oil in place off Alaska’s North Slope. Caelus Energy Alaska LLC reported Tuesday it has made a light Continue Reading
Caelus discovers about 6 billion barrels at Smith Bay Field could one day produce as much as 200,000 barrels a day Alaska’s oil reserves may have just gotten 80 percent Continue Reading
A little-known energy exploration company said on Tuesday that it has made a world-class oil discovery in remote Alaska, potentially breathing new life into the state’s declining North Slope. The Continue Reading
