Green Car Congress
AUGUST 28, 2019
BP has agreed to sell its entire business in Alaska to Hilcorp Alaska, based in Anchorage, Alaska. The sale will include BP’s entire upstream and midstream business in the state, including BP Exploration (Alaska) Inc., that owns all of BP’s upstream oil and gas interests in Alaska, and BP Pipelines (Alaska) Inc.’s
Green Car Congress
AUGUST 22, 2018
Based on recent discoveries, the IHS Markit Plays and Basins: Alaska North Slope (ANS) Basin; Resurgence in an Arrested, Late-emerging Super Basin analysis estimates that the ANS Basin offers 38 billion barrels of oil equivalent (BOE) in remaining recoverable resources (50 trillion cubic feet (TCF) of gas, and 28 billion barrels of oil).
Green Car Congress
MAY 3, 2021
The US Department of Energy (DOE) awarded $19 million for 13 projects in traditionally fossil-fuel-producing communities across the country to support production of rare earth elements and critical minerals essential to the manufacturing of batteries, magnets, and other components important to the clean energy economy.
Green Car Congress
OCTOBER 25, 2011
The US Department of Energy; the Japan Oil, Gas and Metals National Corporation; and ConocoPhillips will work together to test technologies for producing methane gas from hydrate deposits on the Alaska North Slope. The tests will provide information to inform potential future extended-duration tests.
Green Car Congress
DECEMBER 20, 2016
US President Obama and Canadian Prime Minister Trudeau jointly announced sweeping restrictions to offshore oil and gas leasing in the US and Canadian Arctic waters. Obama designated the vast majority of US waters in the Chukchi and Beaufort Seas as indefinitely off limits to offshore oil and gas leasing. It’s uncharted waters.”.
Green Car Congress
DECEMBER 16, 2009
Oil is a strategic commodity second to none—it underlies the global economy and even the American way of life. Of course, other countries benefit from this fact, with about $900 million flowing out of the US to buy foreign oil every day, and about 40% of that going to OPEC. [ Source: EIA. Click to enlarge.
Green Car Congress
MARCH 31, 2010
The Obama Administration will expand oil and gas development and exploration on the US Outer Continental Shelf, while protecting fisheries, tourism, and places off US coasts that it says are not appropriate for development. And the only way this transition will succeed is if it strengthens our economy in the short term and the long term.
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