Oil & Gas
Alaska runs on oil. From providing jobs to contributing directly and indirectly to economies statewide, oil and gas companies are crucial to Alaska’s fiscal well-being. Alaska Business is an advocate for responsible resource development and as such we report on the oil and gas industry as it pursues projects that are environmentally sound, benefit local communities, and are profitable.
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AIDEA Commits $70M to North Slope Methanol/Ultra-Low Sulfur Diesel Plant
AIDEA delivers on a pledge for a $70 million loan to Alyeschem for building a North Slope chemical plant to produce methanol and ultra-low sulfur diesel.
Glenfarne Brings Thailand into Alaska LNG Pipeline Project
Thailand’s national oil company PTT signed a cooperation agreement to buy one-tenth of Alaska LNG’s export capacity, once the gasline is built.
Alaska and United Arab Emirates Share Focus on Energy and Generational Resilience
Worlds apart but so close, United Arab Emirates points the way down a parallel track for Alaska’s future as a fellow petro-state.
Less Than $1M from State Cook Inlet Lease Sale
Hilcorp was the sole bidder on five onshore and near-shore tracts that brought an estimated $872,072 in cash bonus to the state treasury.
LNG In, LNG Out: The Race to Import and/or Export Alaska Natural Gas
Harvest is reversing the Kenai LNG Terminal for imports, even as Alaska LNG moves closer to bringing North Slope gas to market, locally and overseas.
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