BP to exit Alaska with $5.6bn sale to Hilcorp Energy

The transaction is part of BP’s plan to divest $10bn of assets over 2019 and 2020

US provides $9m for tribal energy infrastructure projects

They include the installation of solar arrays and wind turbines

Austrian cyclist speeds up for chain reaction on climate action

The ‘Ice2Ice’ journey will take Michael Strasser from Alaska to Patagonia

BP and ConocoPhillips swap North Sea and Alaska assets

The deal is subject to regulatory approvals and is expected to be completed later this year

Alaskan microgrids ‘cutting costs and boosting resilience’

Remote villages in Alaska are proving how renewable microgrids can cut costs and boost resilience. That’s according to a new report from researchers at the Alaska Center for Energy and Power, which says the region’s terrain makes it difficult and cost prohibitive to establish a large-scale electrical grid. Instead, a network of small, local power […]

Largest US onshore oil discovery found for 30 years in Alaska

The largest onshore US oil discovery in 30 years has been made in Alaska. Oil and gas firms Repsol and Armstrong Energy drilled the Horseshoe-1 and Horseshoe-1A wells in the winter of 2016-2017, which confirmed the Nanushuk play on the North Slope could amount to approximately 1.2 billion barrels of recoverable light oil. The Horseshoe wells […]

US to invest $7m to train energy technicians

The US has announced it will establish a technical assistance energy providers’ network for Indian Tribes and Alaska Native communities. The Department of Energy (DOE) will provide a total of $7 million (£4.8m) to train people from those communities in its national labs and other entities. The assistance network will consist of regional, tribal energy experts who can provide technical […]

US army fined $60k for hazardous waste in Alaska

The US Army has been fined $59,220 (£40k) for alleged violations of its hazardous waste permit in Fort Wainwright, Alaska. The facility is covered under a permit which requires the Army to notify the Environmental Protection Agency (EPA) of any new solid waste. EPA said the Army violated its permit by failing to notify it […]

Statoil stops oil exploration in Alaska

Oil giant Statoil has announced its decision to stop exploration in Alaska. In a statement it said the decision follows recent exploration results in neighbouring leases in the area. Statoil will exit 16 operated leases and its stake in 50 others in the Chukchi Sea. Tim Dodson, Executive Vice President for exploration said: “Since 2008 we […]

Shell’s decision ‘bad for Alaska’s economy’

While some green organisations are celebrating Shell’s announcement to stop drilling for oil in the Arctic, others find the decision disappointing. According to the Arctic Slope Regional Corporation (ASRC), which represents the business interests of the Arctic, the news affects the viability of the region’s economy. President and CEO of ASRC Rex A. Rock said the […]