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December 31, 2020
Nicole Welle | December 31, 2020 The Trump administration successfully opened roughly one million acres of the Arctic National Wildlife Refuge in Alaska to oil drilling following his election defeat, but oil companies might not have any interest in buying the 10-year leases. Today marks the deadline for submitting bids on the oil leases, so the exact number of companies that have expressed interest is unclear. However, there has previously been little indication that oil companies are interest...
December 31, 2020
Nicole Welle | December 31, 2020 The Trump administration successfully opened roughly one million acres of the Arctic National Wildlife Refuge in Alaska to oil drilling following his election defeat, but oil companies might not have any interest in buying the 10-year leases. Today marks the deadline for submitting bids on the oil leases, so the exact number of companies that have expressed interest is unclear. However, there has previously been little indication that oil companies are interest...
December 31, 2020
Nicole Welle | December 31, 2020 The Trump administration successfully opened roughly one million acres of the Arctic National Wildlife Refuge in Alaska to oil drilling following his election defeat, but oil companies might not have any interest in buying the 10-year leases. Today marks the deadline for submitting bids on the oil leases, so the exact number of companies that have expressed interest is unclear. However, there has previously been little indication that oil companies are interest...
December 30, 2020
Providing coverage of Alaska and northern Canadas oil and gas industry Oil patch insider: Amaroq sues AOGCC on bonding; Mustang Holding files 2020 report Kay Cashman Petroleum News According to company President Scott Pfoff, on Dec. 9 Amaroq Resources filed an appeal of a bonding order by the Alaska Oil and Gas Conservation Commission in the Superior Court of Alaska, contending that the agencys Nov. 9 decision exceeds AOGCCs authority by infringing on a constitutionally created department o...
December 30, 2020
December 30, 2020 If you’ve ever wanted to drill for oil in the Alaskan Arctic, this week could be your last, best chance: Bidding closes on Dec. 31 for a million acres worth of 10-year oil leases in the Alaska National Wildlife Refuge. The sale marks the fulfillment of a longstanding dream for the Trump administration and many Republicans in Congress, allowing drilling in the ecologically sensitive region for the first time. There’s just one problem: Oil companies aren’t interested. The ...
December 30, 2020
Providing coverage of Alaska and northern Canadas oil and gas industry AIDEA to bid in ANWR O&G lease sale Kay Cashman Petroleum News The Alaska Industrial Development and Export Authority unanimously voted Dec. 23 in favor of a resolution that allows the state-owed public corporation to bid in the upcoming federal Arctic National Wildlife Refuge coastal plain oil and gas lease sale, currently scheduled for Jan. 6. Resolution G20-.... You must be logged in to view this story. Please either log ...
December 27, 2020
Print article The Alaska Industrial Development and Export Authority (AIDEA) is considering spending $20,000,000 of our state money to bid on oil and gas leases in the Arctic National Wildlife Refuge. AIDEA is proposing to bid on these leases in the desperate attempt to see that oil development happens on the coastal plain of the refuge, despite the fact that many national and international financial institutions will not provide loans for these actions. It appears many of the oil companie...
December 24, 2020
Providing coverage of Alaska and northern Canadas oil and gas industry AIDEA might bid in ANWR lease sale; project in line with mission Kay Cashman Petroleum News STEVEN: PLEASE PUT EMAIL CONTACT FOR KAY AT BOTTOM IN NONSCANABLE FORM Contact Kay Cashman at [email protected] At the Alaska Industrial Development and Export Authoritys monthly board meeting on Dec 23 a resolution allowing it to bid in the Jan. 6 federal oil and gas lease sale for the c.... You must be logged in to view this stor...
December 24, 2020
Print article Alaska’s state-owned economic development corporation on Wednesday agreed to spend up to $20 million to buy leases in the Arctic National Wildlife Refuge’s coastal plain in an effort to support future oil exploration and drilling there. The seven-member board of the Alaska Industrial Development and Export Authority unanimously granted the corporation’s director permission to bid following 90 minutes of public comments, a two-hour private meeting and a final 30-minute publ...
December 23, 2020
Print article A panel of Alaska legislators voted 11-1 on Tuesday afternoon to sue Gov. Mike Dunleavy over his decision to bypass legislative confirmation for his picks for state boards and commissions. “He is assuming he has the authority to keep people who have not been confirmed in their duties, and legally, that’s just not true,” said Sen. John Coghill, R-North Pole and one of the 11 legislators who voted in favor of the lawsuit. The deadline for confirmation was extended this year...