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.
Latest Oil & Gas News
Petroleum under the North Slope and methane under Cook Inlet have potential for both productive energy from hydrogen and destructive pollution from carbon. In a decarbonizing global market, Alaska needs a way to separate the good from the bad.
After a hiatus for COVID-19, observation tours resumed during annual oil spill training by fishing vessels.
Russia’s invasion of Ukraine hardly interrupts the negligible trade ties with Alaska, but it does present possibilities for Alaska as a competitor selling the same resources.
Accessing capital to finance Alaska’s oil and gas projects is more difficult than it has been in the past, says Alaska Oil & Gas Association President and CEO Kara Moriarty.
A North Slope natural gas pipeline will become financially competitive around 2028, according to a consultant’s report for the Alaska Gasline Development Corporation.
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Crowley Fuels Alaska
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