The U.S. Geological Survey, in an estimate released in late June, said 49% of undiscovered technically recoverable oil resources on federal onshore land are in Alaska. The national total is 29.414 ...

The Alaska Department of Natural Resources' Division of Oil and Gas has approved annual maintenance dredging of the West Dock Causeway at the Hilcorp North Slope-operated Prudhoe Bay unit and ...

Verde Resources Inc., through its main subsidiary Verde Renewables Inc., said July 2 that it is pleased to announce the signing of an exclusive distribution agreement with Alaska Materials LLC. This ...

The Railbelt Transmission Organization, the newly formed entity for overseeing the fees charged for use of the Alaska Railbelt electricity transmission system, has filed its first tariff with the ...

A project involving the testing of methane hydrate production on the North Slope is on hold, pending a U.S. Department of Energy decision on whether to continue to provide funding support for the ...

As reported by Lynden News July 1, Lynden was a sponsor of the third annual University of Alaska Anchorage auto and diesel expo last month in Anchorage. Lynden Transport Operations Assistant Mike ...

Alaska North Slope crude, along with West Texas Intermediate and Brent, lifted to two-week highs despite a larger than expected production boost from the Organization of the Petroleum Exporting ...

In a decision on the Seaview unit plan of development issued July 2, Alaska Department of Natural Resources' Division of Oil and Gas Director Derek Nottingham said because the Seaview unit will expire ...

Alaska North Slope production averaged 479,361 barrels per day in May, up 0.3%, 716 bpd, from an April average of 477,907 bpd and up 3.96% from a May 2024 average of 461,101 bpd. Crude averaged ...

Donkel Oil and Gas submitted a plan of exploration, or POE, for the Greater Point Thomson unit, or GPTU, as part of its application to form the unit (see related stories in last week's Petroleum News) ...

The Regulatory Commission of Alaska has approved the first tranche of reliability standards developed by the Railbelt Reliability Council for the Railbelt electricity generation and transmission ...

Three North Slope facility projects are approved or in the works, according to the Alaska Department of Natural Resources' Division of Oil and Gas. The division has approved ConocoPhillips Alaska's ...