oil and gas

HEX President and CEO John Hendrix is photographed at Furie’s central processing facility in Nikiski, Alaska, on Wednesday, July 10, 2024. (Jake Dye/Peninsula Clarion)

Furie announces new lease to use Hilcorp rig, will drill this spring

A jack-up rig is a mobile platform that can be transported and deployed in different areas.

 

Natural gas processing equipment is seen at Furie Operating Alaska’s central processing facility in Nikiski, Alaska, on Wednesday, July 10, 2024. (Jake Dye/Peninsula Clarion)

Glenfarne takes majority stake of Alaska LNG Project, will lead development

The Alaska Gasline Development Corporation announced Thursday they had reached an agreement with the New York-based company.

 

Kenai Peninsula Borough Mayor Peter Micciche presents the findings of the Southcentral Mayors’ Energy Coalition during a luncheon hosted by the Kenai Chamber of Commerce in Kenai, Alaska, on Wednesday, March 19, 2025. (Jake Dye/Peninsula Clarion)

Micciche reports back on Southcentral Mayors’ Energy Coalition

The group calls importation of natural gas a necessity in the short-term.

 

Rep. Bill Elam, R-Nikiski, speaks during a town hall meeting hosted by his office at the Nikiski Community Recreation Center in Nikiski, Alaska, on Saturday, Feb. 8, 2025. (Jake Dye/Peninsula Clarion)
Rep. Bill Elam, R-Nikiski, speaks during a town hall meeting hosted by his office at the Nikiski Community Recreation Center in Nikiski, Alaska, on Saturday, Feb. 8, 2025. (Jake Dye/Peninsula Clarion)
Natural gas processing equipment is seen at Furie Operating Alaska’s central processing facility in Nikiski, Alaska, on Wednesday, July 10, 2024. (Jake Dye/Peninsula Clarion)

Harvest Alaska announces proposed redevelopment of Kenai LNG terminal

The project could deliver additional natural gas supplies to the Southcentral market as early as 2026, developers said.

Natural gas processing equipment is seen at Furie Operating Alaska’s central processing facility in Nikiski, Alaska, on Wednesday, July 10, 2024. (Jake Dye/Peninsula Clarion)
Senators Bill Wielechowski (D-Anchorage), Bert Stedman (R-Sitka), and Lyman Hoffman (D-Bethel) discuss key priorities for the Senate Majority Caucus on Tuesday morning at the Alaska State Capitol. (Jasz Garrett / Juneau Empire)

As session starts, senators discuss legislative priorities

The Alaska Senate majority and minority held separate press conferences Tuesday.

Senators Bill Wielechowski (D-Anchorage), Bert Stedman (R-Sitka), and Lyman Hoffman (D-Bethel) discuss key priorities for the Senate Majority Caucus on Tuesday morning at the Alaska State Capitol. (Jasz Garrett / Juneau Empire)
Natural gas processing equipment is seen at Furie Operating Alaska’s central processing facility in Nikiski, Alaska, on Wednesday, July 10, 2024. (Jake Dye/Peninsula Clarion)

Company in talks to helm Alaska pipeline project says LNG is key to ‘global energy transition’

Glenfarne Group said they had entered into an agreement with AGDC to develop the Alaska LNG Project.

Natural gas processing equipment is seen at Furie Operating Alaska’s central processing facility in Nikiski, Alaska, on Wednesday, July 10, 2024. (Jake Dye/Peninsula Clarion)
Natural gas processing equipment is seen at Furie Operating Alaska’s central processing facility in Nikiski, Alaska, on Wednesday, July 10, 2024. (Jake Dye/Peninsula Clarion)

New York-based company in talks to develop Alaska LNG Pipeline

Though the state declined to name the partner, a statement from New York-based Glenfarne Group on Wednesday said they had entered into an exclusive agreement with AGDC for development of the project.

Natural gas processing equipment is seen at Furie Operating Alaska’s central processing facility in Nikiski, Alaska, on Wednesday, July 10, 2024. (Jake Dye/Peninsula Clarion)
Natural gas processing equipment is seen at Furie Operating Alaska’s central processing facility in Nikiski, Alaska, on Wednesday, July 10, 2024. (Jake Dye/Peninsula Clarion)

Study says pipeline would be better for economy than gas imports, cost $11 billion

The study was triggered by a request from the Legislature for an independent third-party review of a project proposal

Natural gas processing equipment is seen at Furie Operating Alaska’s central processing facility in Nikiski, Alaska, on Wednesday, July 10, 2024. (Jake Dye/Peninsula Clarion)
Samantha Springer receives the Outstanding Individual in Tourism award at Industry Appreciation Day in Kenai, Alaska, on Saturday, Aug. 17, 2024. (Jake Dye/Peninsula Clarion)

Individuals and businesses recognized at Industry Appreciation Day

The Kenai Softball Greenstrip was packed on Saturday, Aug. 17, as hundreds gathered to recognize local industries and also enjoy free food and games. The… Continue reading

Samantha Springer receives the Outstanding Individual in Tourism award at Industry Appreciation Day in Kenai, Alaska, on Saturday, Aug. 17, 2024. (Jake Dye/Peninsula Clarion)
Alaska Oil and Gas Association President Kara Moriarty speaks to the joint Kenai and Soldotna chambers of commerce at the Kenai Chamber of Commerce and Visitor Center in Kenai, Alaska, on Tuesday, Aug. 6, 2024. (Jake Dye/Peninsula Clarion)

Oil and Gas Association touts forecast of high production at chamber luncheon

The industry forecasts a production rate of more than 600,000 barrels a day by the early 2030s

Alaska Oil and Gas Association President Kara Moriarty speaks to the joint Kenai and Soldotna chambers of commerce at the Kenai Chamber of Commerce and Visitor Center in Kenai, Alaska, on Tuesday, Aug. 6, 2024. (Jake Dye/Peninsula Clarion)
Natural gas processing equipment is seen at Furie Operating Alaska’s central processing facility in Nikiski, Alaska, on Wednesday, July 10, 2024. (Jake Dye/Peninsula Clarion)

Texas-based company touts proposed Cook Inlet LNG import terminal to investors

Excelerate Energy says it is in ‘advanced discussions’ on the development of a lower Cook Inlet LNG import terminal

Natural gas processing equipment is seen at Furie Operating Alaska’s central processing facility in Nikiski, Alaska, on Wednesday, July 10, 2024. (Jake Dye/Peninsula Clarion)
Gov. Mike Dunleavy signs energy bills into law in Anchorage, Alaska, on July 31, 2024. (Provided by the Office of the Governor)

Gov. Dunleavy signs 3 energy bills

Local representative warns of possible increases in rates amid looming natural gas shortage

Gov. Mike Dunleavy signs energy bills into law in Anchorage, Alaska, on July 31, 2024. (Provided by the Office of the Governor)
A drone rises into the air while kicking up dust, departing on a test flight for the use of beyond visual line of sight drone aircraft, at Furie Operating Alaska’s central processing facility in Nikiski, Alaska, on Wednesday, July 10, 2024. (Jake Dye/Peninsula Clarion)
A drone rises into the air while kicking up dust, departing on a test flight for the use of beyond visual line of sight drone aircraft, at Furie Operating Alaska’s central processing facility in Nikiski, Alaska, on Wednesday, July 10, 2024. (Jake Dye/Peninsula Clarion)
Mount Redoubt can be seen across Cook Inlet from North Kenai Beach on Thursday, July 2, 2022. (Erin Thompson/Peninsula Clarion file photo)

Hilcorp only bidder in Cook Inlet oil and gas lease sale

8 million acres were available for bidding in the sale, spread across Cook Inlet and the Alaska Peninsula region

Mount Redoubt can be seen across Cook Inlet from North Kenai Beach on Thursday, July 2, 2022. (Erin Thompson/Peninsula Clarion file photo)
Mount Redoubt can be seen across Cook Inlet from North Kenai Beach on Thursday, July 2, 2022. (Erin Thompson/Peninsula Clarion file photo)

Opinion: Hilcorp Alaska: Powering Southcentral Alaska — past, present and future

Hilcorp Alaska has and will continue to fully develop our Cook Inlet basin leasehold

Mount Redoubt can be seen across Cook Inlet from North Kenai Beach on Thursday, July 2, 2022. (Erin Thompson/Peninsula Clarion file photo)
U.S. Sen. Dan Sullivan addresses members of the Alaska Legislature in the House chambers on Wednesday, Feb. 21, 2024, in Juneau, Alaska. (Mark Sabbatini/Juneau Empire)

Dismissing critics, Sullivan touts LNG project

During his annual address to the Alaska Legislature on Wednesday, the U.S. senator said state leaders should be doing everything they can to make the project successful

U.S. Sen. Dan Sullivan addresses members of the Alaska Legislature in the House chambers on Wednesday, Feb. 21, 2024, in Juneau, Alaska. (Mark Sabbatini/Juneau Empire)
A heat exchanger and transfer pipes at Dominion Energy’s Cove Point LNG Terminal in Lusby, Md., June 12, 2014. The Biden administration is delaying consideration of new natural gas export terminals in the United States, even as gas shipments to Europe and Asia have soared since Russia’s invasion of Ukraine. (AP Photo/Cliff Owen, File)

Biden LNG pause doesn’t impact Alaska LNG Project

The move nonetheless drew criticism from the state’s congressional delegation

A heat exchanger and transfer pipes at Dominion Energy’s Cove Point LNG Terminal in Lusby, Md., June 12, 2014. The Biden administration is delaying consideration of new natural gas export terminals in the United States, even as gas shipments to Europe and Asia have soared since Russia’s invasion of Ukraine. (AP Photo/Cliff Owen, File)
Mount Redoubt volcano can be seen across Cook Inlet from the shores of South Kenai Beach, in Kenai, Alaska, on April 10, 2022. The Alaska Department of Natural Resources in January reported demand for Cook Inlet gas could outpace supply as early as 2027 without additional development in the basin’s active fields. (Photo by Erin Thompson/Peninsula Clarion)
Mount Redoubt volcano can be seen across Cook Inlet from the shores of South Kenai Beach, in Kenai, Alaska, on April 10, 2022. The Alaska Department of Natural Resources in January reported demand for Cook Inlet gas could outpace supply as early as 2027 without additional development in the basin’s active fields. (Photo by Erin Thompson/Peninsula Clarion)
From left, Anchorage Mayor Dave Bronson, Gov. Mike Dunleavy, Alaska Department of Natural Resources Commissioner John Boyle and Alaska Department of Revenue Deputy Commissioner Fadil Limani discuss Cook Inlet oil and gas shortages during a press conference on Thursday, Oct. 26, 2023 in Anchorage, Alaska. (Photo courtesy the Office of the Governor)

Dunleavy looks to lower Cook Inlet oil and gas royalties

The governor said he plans to introduce legislation lowering the rate

From left, Anchorage Mayor Dave Bronson, Gov. Mike Dunleavy, Alaska Department of Natural Resources Commissioner John Boyle and Alaska Department of Revenue Deputy Commissioner Fadil Limani discuss Cook Inlet oil and gas shortages during a press conference on Thursday, Oct. 26, 2023 in Anchorage, Alaska. (Photo courtesy the Office of the Governor)