Conoco Protecting Competitive Advantage. Large PFD Likely.

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Today’s Key Takeaways:  Conoco Phillips moves to protect well data. Japan looking to support U.S. LNG. Busy exploration time in Niblack and Hyder. Tentative AK budget deal reached with minimum $3000 PFD. NEWS OF THE DAY: ConocoPhillips sues Alaska agency to keep well data from giant North Slope oil discovery secretAlex DeMarban, Anchorage Daily News, May 18, 2022 ConocoPhillips is … read more

Rural Alaska May Receive More Power Subsidies

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Today’s Key Takeaways:   Legislature votes to increase power subsidies to 194 rural Alaska towns and villages. Biden’s canceled lease sale brings criticism from Alaska. New FERC commissioner a consensus builder? Teck launches Zinc Satellite initiative. Judge says “no” to new Eagle River senate boundaries. NEWS OF THE DAY: Alaska Legislature OKs increase to rural power subsidy (ktoo.org)James Brooks, Alaska Beacon, … read more

A big loss for Alaska. AK budget brawl makes case for spending cap.

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Today’s Key Takeaways:  African leader cautions against hasty end to fossil fuels that will hurt their economy. NOIA calls out Biden for cancelling lease sales, hurting Americans. EU leaders draft guidance on Russian gas payments. AK legislators budget antics highlight need for spending cap. NEWS OF THE DAY: Angolan leader urges Africa to avoid hasty end to fossil fuels (worldoil.com)Candido … read more