A U.S. Coast Guard panel completed the first two days of hearings May 22 of the agency’s inquiry into the grounding of the Shell drillship Kulluk last Dec. 31.
The State of Alaska could put up $50 million to share costs of seismic exploration and exploration planning for a new oil and gas resource assessment in the coastal plain of the Arctic National Wildlife Refuge, Gov Sean Parnell has proposed.
Two closely-watched Cook Inlet exploration wells being drilled with jack-up rigs are reported to have reached or are approaching their target depths.
Resources Energy Inc., the Japanese company interested in developing a large liquefied natural gas project, has signed several agreements to explore business relationships in Alaska.
The price of oil fell Thursday as weak manufacturing data from China raised questions about the strength of oil demand in the world's No. 2 economy.
The hearing about the Noble drilling rig that ran aground in December while crossing the Gulf of Alaska continued today with testimony from the rig’s manager and a tug captain involved in trying to turn the situation around before the rig grounded.
A U.S. Coast Guard panel completed the first day of hearings planned for the agency’s inquiry into the grounding of the Shell drillship Kulluk last Dec. 31. Hearings that began May 20 are scheduled for two weeks.
A Japanese consortium working on an independent Alaska liquefied natural gas project has completed a feasibility study and given it to state officials.
The U.S. Bureau of Land Management released a plan May 8 identifying 50 abandoned wells in the Alaska Arctic that it believes require clean-up by the agency.
Linc Energy has completed its winter exploration program at Umiat, on the North Slope, and has demobilized its rig and equipment.