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

Mount Redoubt, an active volcano, is seen across Cook Inlet from Skilak Lake Road on the Kenai Peninsula on March 17, 2021. A state oil and gas lease sale for the Cook Inlet basin drew only three bids ...

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 ...

Cook Inlet waves roll onto the beach at Kenai on Aug. 14, 2018. For decades, the Cook Inlet basin has supplied natural gas to fuel Southcentral Alaska. But now, even though the region still holds much ...

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 ...

JUNEAU, Alaska (AP) — A federal judge has suspended the lease stemming from a 2022 oil and gas sale in Alaska’s Cook Inlet basin after finding problems with the environmental review it was based on. U ...

ANCHORAGE, Alaska, May 18 (Reuters) - Marathon Oil , the biggest player in new natural gas development in Alaska's Cook Inlet basin, plans to halve its drilling program at the aging basin this year, ...

A view from Skilak Lake Road across Cook Inlet to Mount Redoubt, an active stratovolcano in the Aleutian Range. Credit: Lisa Hupp/USFWS A state oil and gas auction that offered royalty-free leases in ...

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 ...

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 ...