ExxonMobil told shareholders last week the company doesn’t expect to expand its activities in the Arctic.
"Point Thomson"
Only oil company that bid for ANWR tract gives up its lease
Regenerate Alaska, a unit of Australia-based 88 Energy Ltd., relinquished the tract it acquired for over $770,000, federal officials said.
Hilcorp to quietly take over BP’s stakes in Prudhoe Bay and other oil field assets
Hilcorp Energy Company will take over BP Alaska’s oil and gas leases within Point Thomson, Milne Point and the massive Prudhoe Bay oil field. The transfer is expected to happen around midnight, and marks the close of a major part of the $5.6 billion deal first announced by the oil companies last August.
RCA says it needs another month to consider Hilcorp’s confidentiality request
The agency received dozens of public comments on the issue.
State announces tentative deal with ExxonMobil to supply gas for Alaska LNG project
Agreement links Point Thompson production requirements to deal on Alaska LNG project.
State approves ExxonMobil’s expansion plan for Point Thomson, ending months-long fight
Gov. Walker approves approves ExxonMobil’s plan to explore expansion of the massive Point Thomson gas field.
Conoco gives up stake in North Slope project seen as precursor to gas line
ConocoPhillips has confirmed it’s giving up its small stake in the Point Thomson field on the North Slope. The move has some observers wondering if it’s a bad sign for the state’s effort to build a massive natural gas line.
Upon filing settlement legislation, Walker drops Point Thomson lawsuit
Gov. Bill Walker has introduced legislation clarifying the powers of the attorney general when settling litigation related to Alaska’s oil and gas resources.
Mallott to decide Walker’s future involvement in Point Thomson settlement
Gov. Bill Walker has delegated his authority on the Point Thomson lawsuit to his lieutenant governor, while still leaving open the possibility of his involvement.
Construction spending expected to increase
Spending on construction projects in Alaska is expected to increase this year according to the University of Alaska’s Institute of Social and Economic Research.