American oil titan ConocoPhillips has sold its 50 percent stake in the Polar Lights drilling project in the Russian Arctic, according to Russian news media. The sale marks Conoco’s complete exit from Russia.
Energy & Mining
Arctic Native leaders: Paris climate agreement didn’t address indigenous rights
Indigenous rights leaders say the Paris agreement doesn’t consider the people who are most affected by climate change.
Which Burns More Kilowatt-Hours: America’s Christmas Lights Or Tanzania?
As you might have guessed, the answer is not Tanzania. So the holiday season is a good time to reflect on … electricity.
Home heating assistance targeted for cuts in governor’s budget plan
The governor’s plan, which includes about $100 million in spending cuts, is just the first step in the budget cycle.
Amid plunging LNG prices, would an Alaska line be globally competitive?
The important thing to remember about Alaska’s massive natural gas pipeline is that, as of right now, it’s an imaginary pipeline.
Governor’s budget proposes major changes to oil tax credits
One reason the cuts aren’t deeper and the taxes aren’t steeper is because the governor’s budget also gets about half a billion dollars from the oil and gas industry. Walker is proposing deep cuts to the state’s system of oil and gas tax credits.
Interior Energy Project loses GVEA business to Petro Star
Golden Valley Electric Association is favoring oil over natural gas to fuel large generators in North Pole. The move reduces the utility’s role as an anchor tenant for the state-backed Interior Energy Project.
City of Bethel bets on wind energy to cut diesel costs
Bethel’s electric grid consumes 2.5 million gallons of diesel annually. The turbines would reduce that amount, but the number of turbines AVEC would install is still undecided.
Shell seeks to extend drilling rights off Alaska
Despite its decision to abandon offshore drilling in Alaska this fall, Shell still has its eye on the Arctic.
House bill would remove section 404(c) from Clean Water Act
A bill introduced by a South Carolina Republican seeks to remove a section of the Clean Water Act that is being used by the EPA to block development of the Pebble Mine.