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Caelus confirms large-scale oil discovery on the North Slope of Alaska

Green Car Congress

Caelus Energy Alaska, LLC, a privately held independent exploration and production company, announced that its subsidiary, Caelus Energy Alaska Smith Bay LLC, has made a significant light oil discovery on its Smith Bay state leases on the North Slope of Alaska. We’re proof that the credit programs work.

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BP to sell Alaska business to Hilcorp for $5.6B

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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

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EIA: State tax rates for retail gasoline and diesel increased in 13 states in 2023

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Illinois surpassed California as the state with the highest taxes ($0.674/gal), while Connecticut temporarily surpassed Alaska as the state with the lowest gasoline taxes ($0.05/gal), Note: As the gasoline tax rate in Connecticut gradually increases, Alaska became the lowest gasoline tax state effective 1 February 2023.

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Alaska Airlines launching 75 flights powered by 20% biofuel blend in the US; SkyNRG the fuel supplier

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Alaska Airlines will fly 75 commercial passenger flights in the United States powered by a biofuel blend, starting this Wednesday. Alaska Airlines and its sister carrier, Horizon Air, will continue to operate select flights between Seattle and the two cities over the next few weeks using a 20% blend of renewable biofuel.

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Foss Maritime to build first three of new Arctic Class of deep-sea tugs for oil and gas industry

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Responding to new oil and gas industry opportunities, Foss Maritime Company will build the first three tugs in an. Foss says the new tugs will position it to compete for opportunities in the oil and gas industry. Several oil and gas customers are. it comes to the transportation of infrastructure needed for Arctic oil and.

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Aemetis, American Airlines sign $1.1B 280M gallon offtake agreement for sustainable aviation fuel blend

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American’s agreement with Aemetis builds on the airline’s efforts to reach net-zero carbon emissions by 2050. The below zero carbon intensity, cellulosic hydrogen then is used to hydrotreat vegetable or other renewable oils to produce aviation and diesel fuel.

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Obama and Trudeau put majority of US and Canadian Arctic water off-limits to offshore oil and gas leasing

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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.

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