ANCHORAGE, Alaska–(BUSINESS WIRE)–ExxonMobil Production Company announced today that it has completed drilling and casing the surface section on the second well at Point Thomson. The well reached its target surface-section depth of 4,875 feet. Both wells are planned to be completed to their final depths by year end 2010. Additionally, construction work is progressing on [...]

ANCHORAGE, Alaska — Naknek Electric Association, banking on a decade of geothermal research and planning, is preparing to drill an exploration well near King Salmon in a multimillion dollar project with potential to provide power to 28 villages in southwest Alaska.
“We are very excited about the potential geothermal resource and the enormous benefit to our [...]

Naknek Electric Association, banking on a decade of geothermal research and planning, is preparing to drill an exploration well near King Salmon, in a multi-million dollar project with potential to provide power to 28 villages in Southwest Alaska.
“We are very excited about the potential geothermal resource and the enormous benefit to our region,” said Donna [...]

By Yereth Rosen
ANCHORAGE, Alaska (Reuters) - Alaska’s natural resources commissioner on Tuesday granted a temporary reprieve to Exxon Mobil Corp (XOM.N) and its oil-company partners, which are seeking to drill in a long-dormant oil and gas field where the state has revoked leases for non-performance.
Natural Resources Commissioner Tom Irwin announced he has “conditionally reinstated” two [...]

by The Associated Press
CAMARILLO, Calif. — The average national price of gasoline fell 9 cents in the past two weeks, bringing it to its lowest point in nearly five years, according to a national survey.
The average price of regular gasoline Friday was $1.66 a gallon, oil industry analyst Trilby Lundberg said. The price of mid-grade [...]

Overview:
Headquartered in Houston, Texas, CNAEP provides crucial energy resources to North America. With more than 5,000 employees, we are exploring for and producing energy from the frozen Arctic to the depths of the Gulf of Mexico.
The Development Geophysicist – Cook Inlet Gas Asset Development will be a part of MidContinent/Alaska (MCA) Business Unit. The MCA [...]

By JUSTIN PRITCHARD and GARANCE BURKE
ANCHORAGE, Alaska (AP) — Contrary to Gov. Sarah Palin’s campaign promises to “build a pipeline quickly,” the massive project to send natural gas south is still no sure thing.
TransCanada Corp. has been awarded a state license, but still needs approval from the Federal Energy Regulatory Commission, which is years away. [...]

ANCHORAGE, Alaska — More federal land in Alaska will be used for geothermal energy resources.
Secretary of the Interior Dirk Kempthorne announced his plan to make more than 190 million acres of federal land in 12 western states available for the development.
In Alaska, the areas include the central Yukon, parts of the Seward Peninsula, and portions [...]

Anchorage, Alaska – The oil price spike has brought the best of times and worst of times in Alaska.
In the state’s urban metropolis, a retail frenzy is under way as merchants compete for the extra $3,269 that landed on Sept. 12 in residents’ bank accounts. The money is from the normal annual dividend paid by [...]

By Yereth Rosen
ANCHORAGE, Alaska, Sept 10 (Reuters) - Reno-based Ormat Technologies Inc (ORA.N: Quote, Profile, Research, Stock Buzz) bid over $3.5 million on Wednesday for rights to explore for geothermal energy beneath an active volcano near Alaska’s largest city.
The company won 15 of the 16 tracts offered for lease on Mount Spurr, a snowcapped [...]