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Alaska Journal | Pressure mounts on Biden administration for Willow decision

A major oil prospect on federal land in Alaska is hanging in the balance as pressure mounts on the Biden administration for a final decision to approve, or reject, the project. Political observers say they don’t know where the Biden administration will land, saying the president is a tough political position. ....

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Alaska Journal | ConocoPhillips bests pre-pandemic results with $8.1B profit in 2021

At least in terms of its books, ConocoPhillips pulled out of the pandemic in a big way last year. The Houston-based producer on Thursday posted full-year 2021 earnings of nearly $8.1 billion companywide and approximately $1.4 billion in Alaska. ConocoPhillips netted $2.6 billion in the fourth quarter overall and $451 million from its work on the North Slope. Its tax and ....

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Alaska Journal | ConocoPhillips nets $2.3B in 3rd quarter, $405M in Alaska

ConocoPhillips rode a strong oil market to its second-consecutive $2 billion quarter over the summer. The predominant North Slope operator netted $405 million in Alaska, part of a $2.3 billion profit in the third quarter, ConocoPhillips executives said Nov. 2. ....

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