Tag: ConocoPhillips

ConocoPhillips picks up another oil prospect west of Prudhoe Bay

ConocoPhillips announced it intends to buy 21,000 acres from Caelus Natural Resources, which includes the Nuna oil discovery.

How a small, Arctic village found itself in the middle of Alaska’s new oil boom

Alaska is on the verge of a new oil boom -- and the village of Nuiqsut is right in the middle. Now the village faces tough choices. How do you maintain a way of life when the oil industry is knocking on your door?

Cash-strapped state of Alaska takes aim at North Slope government’s oil money

A proposal by Alaska Gov. Mike Dunleavy would strip the North Slope Borough of its power to collect nearly $400 million in property taxes from oil companies each year. The idea gets at a longstanding question: How much money from oil should stay in the North Slope, where it’s pumped from the ground?
Reporter's roundtable update on energy

Reporter’s roundtable: Energy in Alaska

Listen Now: On this week's Alaska Edition we discuss energy in Alaska, where bush residents have not seen prices drop for gasoline or diesel fuel, even though gas is a little more than $2 a gallon in Anchorage.
This illustration shows what a liquefaction plant could look like. (Source: Alaska LNG)

State and oil companies OK another year of LNG pursuit

The state and its three oil company partners - ExxonMobil, BP and ConocoPhillips -- voted unanimously late Thursday afternoon to continue work on the project, which aims to bring natural gas from the North Slope to the Kenai Peninsula for export. Download Audio

Conoco advances project in NPR-A; Independents snap up North Slope leases

ConocoPhillips announced today (Nov. 18) that it will move ahead with construction of a $900 million project in the North Slope's National Petroleum Reserve. And small independent companies collectively spent $9.5 million for the right to drill on state land on the North Slope.

Statoil will exit Alaska, following Shell

Norwegian oil company Statoil said Tuesday (Nov. 17) that it will end exploration efforts in the Chukchi Sea and close its Anchorage office. The decision comes just two months after Shell ended its quest to drill in the Arctic Ocean, citing disappointing results at its first well. Download Audio
Gov. Bill Walker at a press conference in the Capitol, Oct. 23, 2015. He announced that he was dropping a proposed natural gas reserves tax from the special session agenda. (Photo by Jeremy Hsieh/KTOO)

Gov pulls reserves tax from special session

Gov. Bill Walker has pulled a controversial reserves tax from consideration during the legislature’s special session, after receiving assurances from the state’s partners in the Alaska LNG project that should any one company pull out, it would not withhold its gas from the project.

What is the Alaska LNG project? We break it down: Part 1

Lawmakers are heading to Juneau to discuss the Alaska LNG project - a so-called "gigaproject" with a price tag of $45-$65 billion. But if you're like a lot of Alaskans, you might be a little fuzzy on the details. So we break it down. Download Audio

Walker’s special session comes with a surprise

Lawmakers have been expecting a special session on the state's proposed $55-billion gas pipeline project. But when Gov. Bill Walker called the session, it came with a surprise - a proposed tax on natural gas reserves held by the very companies the state is trying to partner with.

How Much Are Companies Spending Lobbying Juneau?

There are over 10,000 registered lobbyists in Washington, DC. By contrast, Juneau barely breaks the hundred mark. But even though they're a small tribe, they still wield plenty of influence in the state capitol. Download Audio

ConocoPhillips Receives Permit To Access NPR-A

The US Army Corps of Engineers has granted a permit to ConocoPhillips Alaska that will give the company access to the National Petroleum Reserve-Alaska.

Nikiski LNG Plant Gets Reprieve

The ConocoPhillips liquid natural gas plant in Nikiski that was moth-balled last month has gotten a reprieve.

ConocoPhillips Extends Natural Gas Plant Operations Until October

ConocoPhillips has extended operations at its Kenai liquefied natural gas plant until October to fill an additional order.

Alaska News Nightly: August 9, 2011

ConocoPhillips Extends Natural Gas Plant Operations Until October, Jack-Up Rig in Kachemak Bay May Violate Federal Law, Legislators Expect Bill to Lower State Oil Taxes Next Session, Southcentral Moth Outbreak Devastates Berry Crops, and more...

EPA Releases Two Draft Permits for Offshore Projects

The U.S. Environmental Protection Agency has released draft air quality permits necessary for exploratory drilling projects in Alaska's Arctic waters to proceed.

Alaska News Nightly: July 22, 2011

Congress Still Has No Deal for National Debt, Partial FAA Shutdown Imminent; Anchorage Mayor Proposes Limiting Downtown Sidewalk Sitting; EPA Releases Two Draft Permits for Offshore Projects; Missing Railroad Employee’s Body Found Near Healy; and more...

ConocoPhillips Splits into Two Companies

Conoco-Phillips plans to split into upstream and downstream companies. That's a bit of a trend among oil giants.

Parnell Plans Aggressive Push for ANWR and APR-A Development

Governor Parnell announced plans on Thursday to aggressively push oil development on state lands and waters including areas next to the Arctic National Wildlife Refuge and the National Petroleum Reserve Alaska.