Arctic
News
February 26, 2021
Kaktovik I帽upiat Corporation strongly disputed the U.S. Fish and Wildlife Service announcement that it failed with respect to its permit application to conduct seismic studies in the Arctic National Wildlife Refuge, the company said in a statement.
News
January 28, 2021
In the days before taking office, President Biden promised to unify the country. Then, in his first order of business, promptly alienated Alaska and other states that rely on energy development to keep the lights on in their communities.
News
January 20, 2021
鈥淵ou can write a lot of executive orders, but an executive order doesn鈥檛 get you past go,鈥 Interior Secretary David Bernhardt said on his last full day leading the Interior Department. 鈥淭hey still have to run through the gauntlet of the law.鈥
News
January 07, 2021
Amid low crude prices, fears about a backlash from the public and the prospect of regulatory uncertainty, just two oil companies placed bids on leases in the Arctic National Wildlife Refuge鈥檚 coastal plain: Knik Arm Services LLC and Regenerate Alaska Inc.
News
January 06, 2021
The Bureau of Land Management was set to begin opening sealed bids for 10-year leases in the Arctic National Wildlife Refuge鈥檚 coastal plain Wednesday afternoon, less than a day after a federal judge rejected environmental groups鈥 pleas to halt the auction.
News
January 06, 2021
The decision is a victory for the administration, which has been racing to issue oil leases in the refuge鈥檚 coastal plain before the Jan. 20 inauguration of President-elect Joe Biden.
News
January 05, 2021
A Rosneft spokesman said that the deal was 鈥渁 logical extension鈥 of its cooperation with Trafigura and would give the trading house 鈥渓ong-term access to high quality hydrocarbons to be produced with a low-carbon footprint that can be shipped both to the west and east.鈥
News
December 03, 2020
A formal 鈥渘otice of sale鈥 is set to be published in the Federal Register on Dec. 7. The move is in keeping with a congressional mandate to hold two auctions of oil and gas leases in the refuge鈥檚 coastal plain by Dec. 22, 2024.
News
November 24, 2020
Activists, Native Alaskans, and more recently large shareholders have worked to persuade lenders and insurers they were jeopardizing the climate, their investments, and their reputation by underwriting Arctic drilling.
News
November 19, 2020
A group of investment firms, conservationists and indigenous groups have called on some of the world鈥檚 biggest insurers to cease supporting oil and gas projects in the U.S. Arctic National Wildlife Refuge, even as the Trump administration advances plans to auction drilling rights in the Alaska wilderness.
News
November 13, 2020
In Alaska, Michigan and Norway, partisans on the left and right are sparring in the courts to implement their vision for the future of energy. Operations from small shale plays to multi-billion-dollar offshore installations suddenly hang in the balance as the regulatory outlook becomes increasingly cloudy.
News
November 13, 2020
The Interior Department is set to issue a formal 鈥渃all for nominations鈥 as soon as Monday, kick-starting a final effort to get input on what tracts to auction inside the refuge鈥檚 1.56-million-acre coastal plain.
News
November 13, 2020
Norway opened itself up to climate suits after amending its constitution in 2014, to reflect its support of the Paris Climate Agreement. The case against Norway tests its new law, which states that 鈥渆veryone has the right to an environment that secures health, and to a nature where productivity and diversity are preserved.鈥
Article
November 2020
In the Arctic Circle, oil and gas interests are often a study of polar opposites. To some it looks like riches; for others, potential ruin.
News
September 17, 2020
鈥淎ny company that bids on leases or expresses interest in destroying the Arctic Refuge for oil will face a major public backlash and long-lasting damage to their reputation,鈥 warned the groups, including the Wilderness Society, Natural Resources Defense Council and Sierra Club.
News
August 24, 2020
Environmentalists and Alaska natives are challenging the Trump administration鈥檚 decision to sell drilling rights in the Arctic National Wildlife Refuge, arguing the government gave short shrift to the impact on polar bears and the region鈥檚 other wildlife.
News
August 17, 2020
鈥淭oday鈥檚 announcement brings us one step closer to unlocking Alaska鈥檚 energy potential, which will create good-paying jobs and provide a new revenue stream for the state,鈥 API senior vice president of policy, economics and regulatory affairs Frank Macchiarola said.
News
August 17, 2020
The Trump administration on Monday authorized a sweeping plan to sell drilling rights and spur oil development in Alaska鈥檚 rugged Arctic refuge, setting up a possible auction by the end of 2020 and a political clash if the president loses the November election.
News
June 30, 2020
The company will bring back output in Alaska and other states next month, with Canadian production coming back in the third quarter. 鈥淕iven ongoing variability and uncertainty in the outlook for production curtailments, the company will continue to suspend forward-looking guidance and sensitivities,鈥 Conoco said in a statement Tuesday.
News
June 09, 2020
Baker Hughes announced the completion of the First Engine to Test (FETT) for the LM9000 aeroderivative gas turbine. The test took place at the company鈥檚 advanced turbomachinery testing facilities in Florence and Massa, Italy.
News
May 20, 2020
Canadian and Alaskan crude that normally travels to the U.S. West Coast is finding a market in China, where demand is almost back to pre-pandemic levels.