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Top News & Analysis Alaska

  • *OPEC- led production curbs expected to be extended. NEW YORK, May 12- Oil prices fell slightly on Friday as evidence that U.S. production was still rising overshadowed hopes that the global crude glut would diminish on expected production cut extensions from OPEC and other producing countries. On Thursday, oil prices rallied as a larger-than-expected weekly...

  • The Pebble Limited Partnership mining company will terminate two lawsuits it had filed against the EPA under the previous administration of Democratic president Barack Obama, which had sought to block it. In February 2014, the EPA took the unusual action of blocking a mine before the owner applied for a development permit. Ronald Thiessen, chief executive...

  • *OPEC- led production curbs expected to be extended. NEW YORK, May 12- Oil prices fell modestly on Friday, pulling back after two days of gains, as concern over U.S. production took some of the shine out of optimistic signals from OPEC this week about output cuts. "The market overall is trying to balance OPEC and non- OPEC production cuts with increasing production all...

  • The Pebble Limited Partnership mining company had filed a lawsuit against the EPA under the previous administration of Democratic president Barack Obama, which had sought to block it. In February 2014, the EPA took the unusual action of blocking a mine before the project owner applied for a development permit. Ronald Thiessen, chief executive officer and...

  • *OPEC- led production curbs expected to be extended. LONDON, May 12- Oil prices rose slightly on Friday, on track for their biggest weekly gain in five weeks, helped by expectations of an extension of OPEC- led output cuts and buoyed by falling U.S. crude inventories. OPEC members and other producers including Russia pledged to reduce their output by almost 1.8...

  • The Pebble Limited Partnership mining company had filed a lawsuit against the EPA under the previous administration of Democratic president Barack Obama, which had sought to block it. Opponents of the mine include environmental groups as well as many native residents who rely on the fish from the Bristol Bay watershed, which EPA has said supports the world's...

  • *OPEC- led production curbs expected to be extended. LONDON, May 12- Oil prices on Friday were on track for their biggest weekly gain in five weeks, helped by expectations of an extension of OPEC- led output cuts and buoyed by falling U.S. crude inventories. OPEC members and other producers including Russia pledged to reduce their output by almost 1.8 million barrels...

  • LONDON, May 12- Oil prices traded largely flat on Friday, supported by expectations of an extended OPEC- led production cut and falling U.S. crude inventories but capped by concerns over global oversupply. Analysts said a larger-than-expected fall in U.S. crude inventories last week, by 5.3 million barrels, continued to keep Brent above $50, with the data viewed as...

  • SINGAPORE, May 12- Oil prices rose on Friday as traders expected OPEC- led production cuts to extend beyond the middle of this year, and as U.S. crude inventories fell to their lowest levels since February. "Net length is at its lowest level since November 2016, which could support a significant price rally if OPEC does extend production cuts," Jefferies added.

  • SINGAPORE, May 12- Oil prices were stable on Friday as traders expected OPEC- led production cuts to extend beyond the middle of this year, and as U.S. crude inventories fell to their lowest levels since February. "Net length is at its lowest level since November 2016, which could support a significant price rally if OPEC does extend production cuts," Jefferies added.

  • SINGAPORE, May 12- Oil prices were stable on Friday as traders expected OPEC- led production cuts to extend beyond the middle of this year, and as U.S. crude inventories fell to their lowest levels since February. "Net length is at its lowest level since November 2016, which could support a significant price rally if OPEC does extend production cuts," Jefferies added.

  • Secretary of State Rex Tillerson signed an agreement recognizing the landmark Paris climate accord at a meeting of Arctic nations in Alaska on Thursday, but said President Donald Trump was not rushing to decide whether to leave or weaken U.S. commitments to the pact. The Arctic agreement Tillerson signed with foreign ministers from the other seven nations of...

  • Secretary of State Rex Tillerson signed an agreement recognizing the landmark Paris climate agreement at a meeting of Arctic nations in Alaska on Thursday, but said President Donald Trump was not rushing to decide whether to leave or weaken U.S. commitments to the pact. The Arctic agreement Tillerson signed with foreign ministers from the other seven...

  • The Arctic Council, which includes the United States, Russia, Canada and five other countries, meets every two years to tackle problems in the region, which is warming at a faster pace than any other part of the world. Unlike former President Barack Obama, Trump has expressed doubts about whether human activity has a significant role in climate change, and is...

  • The Arctic Council, which includes the United States, Russia, Canada and five other countries, meets every two years to tackle problems in the region, which is warming at a faster pace than any other part of the world. Canada and the Nordic countries have stressed the importance of staying in the Paris agreement, setting them up for a potential clash with the United...

  • The Arctic Council, which includes the United States, Russia, Canada and five other countries, meets every two years to tackle problems in the region, which is warming at a faster pace than any other part of the world. Canada and the Nordic countries have stressed the importance of staying in the Paris agreement, setting them up for a potential clash with the United...

  • WASHINGTON, May 8- A meeting of Trump administration advisers that had been scheduled for Tuesday to decide whether to pull the United States out of the Paris Climate Agreement has been postponed due to scheduling conflicts, a White House official said. Key advisers to President Donald Trump and cabinet officials were due to convene at the White House to...

  • NEW YORK, May 4- As rapid growth in U.S. shale production grabs headlines and threatens to upend attempts by OPEC to balance oil markets, a more unsung sector of the U.S. industry is also hitting new output highs- the offshore Gulf of Mexico. While attention and investment is focused on shale, the Gulf is the among the most prolific oil source in the United States,...

  • LONDON, May 2- U.S. crude production is surging, complicating OPECs efforts to rebalance the oil market. U.S. production rose by more than 450,000 barrels per day in the five months ending in February, according to the U.S. Energy Information Administration. Most of the increase so far has come from non-shale producers in the Gulf of Mexico and Alaska.

  • LONDON, May 2- U.S. crude production is surging, complicating OPECs efforts to rebalance the oil market. U.S. production rose by more than 450,000 barrels per day in the five months ending in February, according to the U.S. Energy Information Administration. Most of the increase so far has come from non-shale producers in the Gulf of Mexico and Alaska.