Alaska’s Economic Outlook: Forecasting 2025
Oil production rises while prices retreat, and hiring remains challenging all over. Experts provide their insights on what may be in store for Alaska’s economy in 2025.
Oil production rises while prices retreat, and hiring remains challenging all over. Experts provide their insights on what may be in store for Alaska’s economy in 2025.
ConocoPhillips Alaska’s Nuna project produced first oil on December 17 and will add wells, on-pad infrastructure, and pipelines that tie to the Kuparuk River Unit.
The annual sale saw competition for Shell’s recently relinquished offshore tracts plus the first bid on a North Slope Foothills tract in a decade.
In the ten years since voters upheld SB21, oil taxation has seen a decade of relative stability. Has the tax structure lived up to its promise of boosting investment in Alaska’s oil fields?
Hilcorp takes over the Oooguruk and Nikaitchuq near-offshore units from Italian energy company Eni SpA in a deal valued at $1 billion.
Hilcorp Alaska signed an agreement with two Japanese corporations to study the feasibility of storing carbon dioxide emissions from Japan in underground reservoirs in Alaska.