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Oil company deal postpones North Slope drilling firm, DeGolyer and MacNaughton, calculated about 497 million to 3.758 billion barrels of contingent oil reserves in the area.The project could result in the production of about 120,000 barrels of oil per day, according to the...
My Turn: Location, expertise and timing: Three reasons Northwest Alaska is ready for an opening Arctic

...moment, the world will not wait. They will continue moving forward without us. It is we who must engage.As state oil reserves dwindle, opportunities associated with an opening Arctic provide our state and region with a chance to redefine our economies...
Paper: Cooperate rather than lead on LNG

...stay at current levels, which are below $60 per barrel?" she asked.In the paper, Thorning wrote, "While the oil reserves are still ample, they are finite. Extracting the remaining North Slope oil is likely to be more difficult and expensive...
State | AK legislature
Trans-Canada asks US to suspend pipeline application review

...production. Canada relies on the U.S. for 97 percent of its energy exports. Alberta has the world's third largest oil reserves, with 170 billion barrels of proven reserves.However, the Keystone pipeline is now economically less viable at a...
Nation and World
Canada to return to its honest broker role

...environmentalists as more interested in protecting Canada's oil-rich region of Alberta - which has the third-largest oil reserves in the world - than efforts to stem the effects of climate change."Canada's days of being a less-than-enthusiastic...
Nation and World
Congress-White House Iran dispute a side-show for world Iran. The country of 80 million people generates a $400 billion economy, boasts the world's fourth-largest oil reserves, the second-biggest stores of natural gas, and has well-established manufacturing and agricultural industries...
Nation and World
What Alaska's Congressional delegation thinks about the Iranian nuclear deal

...relief that support radicalism in the region."The idea that Iran, a nation with 10 percent of the world's proven oil reserves, is pursuing a nuclear energy program for legitimate purposes goes beyond all conventional wisdom. Setting aside permanent...
Shell heads for Alaska while awaiting final drilling permits

...leave, despite lacking final federal permits that would allow exploratory drilling and possible confirmation of rich oil reserves under the Chukchi Sea.A spokesman for Royal Dutch Shell said that's routine. But an attorney for Oceana, one of...
Jury orders murderer to pay victim's family

...likely the Kim family will see a cent of it, the family's attorney Mark Choate said."Unless they find out he has an oil reserve ..." Choate said, jokingly, in an interview Tuesday.Coday doesn't have any assets, was homeless and living...
Crab shell socks: Coming soon to a retailer near you

...Stern said in 2007, about 30 percent of the nation's oil reserves were located in Alaska. In 2013, that amount dropped...economic strategy based on unique Alaskan advantages beyond oil reserves," he said.Juneau Economic Development executive director...


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