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News

Petroleum News
petroleumnews.com > story > 08/23/2026 > e-and-p > state-oks-temporary-tank-inventory-update > 50325.html

State OKs temporary tank inventory update

4+ day, 21+ hour ago   (226+ words) The Alaska Department of Natural Resources’ Division of Oil and Gas has approved unit plan of operations amendments requested by ConocoPhillips Alaska for updates to portable tank inventory at the Colville River unit. In Aug. 13 decisions the division approved two…...

Petroleum News
petroleumnews.com > story > 08/23/2026 > news > conocophillips-ceo-lance-kicks-off-10th-annual-aoga-conference > 50319.html

ConocoPhillips CEO Lance kicks off 10th Annual AOGA Conference

5+ day, 1+ hour ago   (211+ words) Ryan M. Lance, chairman, chief executive officer and president of ConocoPhillips, is kicking off the 10th Annual AOGA Conference in Anchorage, which begins on Aug. 26 and ends on Aug. 27. At 10:45 a.m. on the 26th Lance will talk about Alaska's place in a global oil…...

Petroleum News
petroleumnews.com > story > 08/23/2026 > news > state-dnr-releases-cook-inlet-activity-map > 50326.html

State DNR releases Cook Inlet activity map

5+ day, 1+ hour ago   (319+ words) On Aug. 6, the Department of Natural Resources' Division of Oil and Gas released its June 2026 Cook Inlet Oil and Gas Activity Map. The map includes highways, current unit boundaries, the Kenai National Wildlife Refuge, the Trading Bay State Game Refuge…...

Petroleum News
petroleumnews.com > story > 08/23/2026 > news > pikka-drilling-beats-tech-limits-lowers-time-costs-per-santos > 50321.html

Pikka drilling beats tech limits, lowers time, costs, per Santos

5+ day, 1+ hour ago   (267+ words) Late in the day on Aug. 18 (Alaska-time) ASX-listed Santos released its half year results for 2026, reflecting a period of transition for the company as the Alaska North Slope Pikka phase 1 project commenced production, and Barossa continued to progress through commissioning…...

Petroleum News
petroleumnews.com > story > 08/23/2026 > news > coe-reissues-north-slope-rgp-05-through-2031-without-changes > 50322.html

COE reissues North Slope RGP 05 through 2031 without changes

5+ day, 1+ hour ago   (503+ words) The Alaska District of the U.S. Army Corps of Engineers has reissued a regional general permit authorizing discharge of fill material into waters of the U.S., WOTUS, including wetlands, for new construction or expansion of existing pads and accompanying infrastructure, linear projects…...

Petroleum News
petroleumnews.com > story > 08/23/2026 > government > polar-lng-has-chukchi-sea-survey-permit > 50324.html

Polar LNG has Chukchi Sea survey permit

5+ day, 2+ hour ago   (241+ words) Alaska’s Division of Oil and Gas has issued a permit to Polar LNG for geophysical and geotechnical surveying along the Chukchi Sea coast north of Wainwright. The company has not stated a purpose for the surveying beyond an intent to…...

Petroleum News
petroleumnews.com > story > 08/23/2026 > news > court-cases-against-npr-a-special-area-oil-andamp-gas-leasing-continue > 50320.html

Court cases against NPR-A special area oil & gas leasing continue

5+ day, 1+ hour ago   (206+ words) The Teshekpuk Lake area has particular environmental sensitivity, as a consequence of its use by caribou and the bird population. The area is also important for the subsistence resources depended on by local Nuiqsut villagers. The village of Nuiqsut is…...

Petroleum News
petroleumnews.com > story > 08/23/2026 > finance > ans-jets-into-90s > 50316.html

ANS jets into $90s

5+ day, 3+ hour ago   (985+ words) Tensions rise, impasse builds, as US and Iran fail to extend 60-day MOA Alaska North Slope crude crossed the $90 mark Monday Aug. 17, bolting $2.58 higher to close at $90.54 per barrel after Iran and the United States nixed extending a 60-day memorandum…...

Petroleum News
petroleumnews.com > story > 08/23/2026 > news > cpai-producers-preview > 50318.html

CPAI Producers preview

5+ day, 3+ hour ago   (1072+ words) Alaska's oldest operator advances production on all fronts, Willow next hub The longest-serving operator in Alaska, ConocoPhillips Alaska Inc., or CPAI, is finding new sources of oil in several ways: via a steady regimen of workovers to ensure wells continue…...

Petroleum News
petroleumnews.com > story > 08/16/2026 > finance > eia-forecasts-brent-at-85-in-3rd-quarter > 50313.html

EIA forecasts Brent at $85 in 3rd quarter

1+ week, 4+ day ago   (139+ words) Petroleum News EIA forecasts Brent at $85 in 3rd quarter Lower 48 natural gas inventories expected to hit 3,985 bcf in October, most gas in inventory prior to heating season since 2016 The U.S. Energy Information Administration published its latest Short-Term Energy Outlook Aug. 11, estimating more…...