Elizabeth Harball, Alaska's Energy Desk

In Alaska, oil companies are already seeing the consequences of climate change. But the industry is also grappling with the issue on a much higher level — in a way that could eventually affect whether or not they pursue projects in the Arctic.

As pressure to address climate change slowly builds around the world, what’s an oil company to do?

Two major oil developments in the Arctic are likely to get the final go-ahead from the Trump administration this fall.

Oil Search told investors this week that the Pikka development could hold 750 million barrels of oil, increasing its original estimate by 50 percent.

The Bureau of Land Management has kicked off the environmental review process for what could be one of Alaska’s biggest future oil developments, in the National Petroleum Reserve-Alaska. The Trump administration wants to make that process go faster. But environmental groups worry a faster review won’t do enough to protect the Arctic wilderness.

Earthquakes are common in the region, but what surprised seismologists about this event was its size.

A Interior Department official says the Trump administration is moving to open “millions” more acres in the National Petroleum Reserve-Alaska, or NPR-A, to oil development.

The Alaska Supreme Court today ruled that only certain provisions of the controversial ballot initiative are unconstitutional. Whether the rest becomes state law will be up to Alaska voters.

Gov. Bill Walker’s Climate Action Leadership Team met in Anchorage to discuss its draft climate action plan, which recommends Alaska consider a carbon tax. But the plan is not a consensus document, and not every member of the team thinks pricing carbon is a good idea.

The state of Alaska is offering oil companies a sneak preview on three North Slope areas it’s putting up for bid at this year’s oil and gas lease sale.