Alaska

Alaskan oil is entering a renaissance driven by a predicted 13% upswing in 2026 production, the largest since the 1980s, and a possible reboot of LNG exports to Asia from the Kenai Peninsula, supplied via pipeline from the North Slope.

Proposed and final notices of sale represent nearly 80 million acres in the Gulf of Mexico and approximately 1 million acres in Alaska’s Cook Inlet.

The new schedule plans for sales in the US Gulf and Alaska through 2039.

Glenfarne has launched a strategic process to partner with global firms that can support execution and offer complementary expertise for the Alaska LNG project.

The decision invokes a 1953 law that will make it difficult for incoming US President Donald Trump to reverse.

By acquiring Eni’s two producing shallow-water assets, Hilcorp will become the largest offshore oil producer on Alaska’s North Slope.

The Bureau of Land Management finalized the Management and Protection of the National Petroleum Reserve in Alaska rule aimed at more than 13 million acres in the western Arctic.

Located in the National Petroleum Reserve in Alaska, the Willow project is estimated to produce 180,000 BOPD at its peak.

A federal judge has upheld the Biden administration’s approval of the massive project on Alaska’s remote North Slope.

The administration will cancel oil and gas leases in the Arctic National Wildlife Refuge and set aside more than half of the National Petroleum Reserve.