Alaska

The University of Tromso's research vess

A couple of important points on Arctic energy development from U.S. Sen. Lisa Murkowski of Alaska at an event hosted recently by CSIS: The biggest obstacle to U.S. development of its Arctic energy reserves is the U.S. Development of Arctic energy resources will occur regardless of whether the United States engages in it. A discussion of… Keep reading →

Two U.S. Navy Vessels Collide

News that the Interior Department has reaffirmed Shell’s right to drill in the Chukchi Sea off the Alaskan coast is an important step toward to Arctic energy development. While the company still must secure individual drilling permits and overall federal approval of its exploration plan, this week’s action advances the larger objective of safe and… Keep reading →

Exxon Valdez Oil Disaster 15 Years Later

The DOI has proposed additional regulations for exploratory drilling in the Alaska OCS to ensure that operators implement necessary measures – including integrated operations and spill-response plans – through all phases of offshore exploration. The oil and gas resource potential of the Alaska Outer Continental Shelf (OCS) has received considerable attention from industry. On February… Keep reading →

Oil Prices Fall To Lowest Level In Four Months

Who Will Rule the Oil Market? The New York Times (Daniel Yergin): A historic change of roles is at the heart of the clamor and turmoil over the collapse of oil prices, which have plummeted by 50 percent since September. For decades, Saudi Arabia, backed by the Persian Gulf emirates, was described as the “swing producer.” With… Keep reading →

Arctic National Wildlife Refuge Eyed for Oil Drilling

Alaska’s Arctic National Wildlife Refuge regained national attention over the weekend when the Obama administration announced plans to prevent oil and gas drilling along the coastal plain, which is expected to contain considerable hydrocarbon resources. Senator Lisa Murkowski and state officials vehemently oppose the action and are digging in for a fight. Murkowski, Gov. Bill… Keep reading →

Northern Lights Glow Over Alaskan Pipeline

Energy Department Expands Support of Alaska Native Clean Energy At White House Tribal Nations Conference, DOE also Recognizes Two Tribes as Climate Action Champions and Launches New Online Tool to Support Tribal Energy Development WASHINGTON – As part of the Obama Administration’s efforts to help tribal communities across the country enhance their energy security, build… Keep reading →

Democratic National Convention: Day 1

Shell employed an interesting legal tactic when it preemptively sued several environmental and activist groups in order to head off potential legal challenges to the company’s controversial Alaskan exploratory drilling program. The U.S. 9th Circuit Court of Appeals yesterday ruled Shell’s approach unconstitutional. “Shell may not file suit solely to determine who would prevail in… Keep reading →

Arctic National Wildlife Refuge

The western boundary of the Arctic National Wildlife Refuge, located on Alaska’s North Slope, has been redrawn and 2 oil and gas exploration leases pending since 2011 have been awarded. There has been a longstanding discrepancy with regard to ANWR’s western boundary – covering roughly 20,000 acres – with US Fish & Wildlife Service maps… Keep reading →

Balance Of Power At Stake As Midterm Elections Draw Near

Reports that a new Obama Administration climate plan seeks to circumvent congress have democrats and republicans up in arms. The alleged plan would create binding agreements with other governments that fall short of an actual treaty which would require a majority senate vote many see as unlikely. “Republicans have also sought to portray Obama as… Keep reading →

Oil Prices Rise As BP Shuts Pipeline

Project partners and the State of Alaska filed a permit application with FERC on Friday to export an estimated 35 trillion cubic feet of natural gas reserves from Alaska’s North Slope. The mammoth project could cost between $45 billion and $65 billion and would involve constructing an 800-mile pipeline in addition to gas processing, liquefaction… Keep reading →

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