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Page 12 - எல்வுட் ப்ரெமர் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Alaska Journal | Parties agree to expedited schedule in Willow lawsuit

Wed, 04/21/2021 - 8:53am The Doyon Drilling Rig 141 is seen working at the ConocoPhillips Willow prospect on the eastern edge of the National Petroleum Reserve-Alaska. Planned work this winter at the project was halted in federal court after an injunction to prevent construction of a gravel quarry. (Photo/Judy Patrick/ConocoPhillips) ConocoPhillips has agreed with a coalition of Alaska Native and conservation groups on a timeline to resolve a court dispute over the adequacy of the environmental review for its multibillion-dollar Willow project that could allow the company to resume on-the-ground activity next winter. Per the agreed-upon timeline to argue the lawsuit, ConocoPhillips will not restart construction work at the large North Slope oil prospect before Dec. 1. The Houston-based oil major intervened in the suit originally filed last November against the Bureau of Land Management over the agency’s approval of the company’s development plan last year.

Alaska Journal | AK LNG strikes out on Biden s infrastructure pitch

Wed, 04/21/2021 - 8:53am Natural gas from the Point Thomson field won’t be heading to Fairbanks under Gov. Mike Dunleavy’s proposal to seek a federal subsidy to support private investment in the project, at least not under President Joe Biden’s $2 trillion infrastructure plan. (Photo/Courtesy/ExxonMobil) It appears officials in Alaska’s gasline agency are starting from scratch in their effort to secure more than $4 billion in federal money to jumpstart the Alaska LNG Project. While still in concept only, the $2 trillion-plus infrastructure plan unveiled by President Joe Biden at the end of March makes no mention of pipelines and discussion about natural gas infrastructure is limited to $16 billion for plugging and abandoning orphaned oil and gas wells and mines.

Alaska Journal | Oil industry still reeling from pandemic price crash

Wed, 04/21/2021 - 8:53am Prices have recovered from an unprecedented price crash in 2020, but jobs on the North Slope are still lagging far beyond near- and long-term peak levels. (Photo/File/AJOC) The price for Alaska North Slope crude largely recovered months ago from the unprecedented fall it took a year ago, but if a recovery is also going to occur in Alaska’s oil workforce it has yet to materialize. Rather, preliminary employment data for March from the state Labor Department indicates the industry is continuing in the other direction. Approximately 6,300 people were employed in the state’s oil and gas sector last month, which was in line with February but did not reverse a declining trend that has persisted since the start of the pandemic.

Alaska Journal | Senate Republicans near agreement on emergency powers

Alaska Journal | Senate Republicans near agreement on emergency powers
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