An unusual offering of royalty-free oil and gas leases in the Cook Inlet basin drew a few bids, with state officials describing this month’s experiment as successful. Bids for six tracts were ...

ANCHORAGE, Alaska, May 23 (Reuters) - Energy companies and private investors offered $3.25 million in high bids on Wednesday for the rights to explore for oil and gas in southern Alaska's Cook Inlet ...

One way out of Alaska’s impending natural gas shortage could sit under the ocean floor, a few miles north and offshore of the Kenai Peninsula community of Anchor Point. There, a company says it’s ...

FILE - Visitors to Point Woronzof Park watch the sun set over Cook Inlet and Mount Susitna, on June 7, 2013, in Anchorage, Alaska. A federal judge on Tuesday, July 16, 2024, has suspended the lone ...

Alaska is expecting to see an average of 501,000 barrels of oil produced per day on its lands and waters through the next five years — representing a slight increase due to an expected new slate of ...

Alaska's Cook Inlet basin still has potential for abundant natural gas and oil discoveries even after five decades of production, according to a federal report, signaling potential revenue for the ...

JUNEAU, Alaska — An environmental review underpinning a 2022 oil and gas lease sale in Alaska failed to properly analyze the potential impacts on endangered Cook Inlet beluga whales, a federal judge ...