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Alaska’s Oil Revival Gains Momentum | OilPrice.com

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Alaska’s Oil Revival Gains Momentum | OilPrice.com


Oil majors are rediscovering Alaska amid the unprecedented oil and gas crunch caused by the war in the Middle East. Previously considered a sort of toxic drilling destination, the northernmost state is now returning to the spotlight as a source of secure supply.

In early May, the Bureau of Land Management launched a lease sale for 625 tracts across about 5.5 million acres in the National Petroleum Reserve. The sale attracted record bids totaling $163 million, from companies including Exxon, Repsol, ConocoPhillips, Santos, and Shell.

“It feels like a bit of the Alaska renaissance,” ConocoPhillips chief executive Ryan Lance said recently, as quoted by Bloomberg. “When you think about the strategic importance of where we are going to find the conventional oil to satisfy the growing demand around the world, people are coming back to places like Alaska. So it does very much feel like back to the future.” Trump’s Iran Signals Send Oil Markets Into Chaos

Conoco, and fellow bidder in the recent lease sale Santos, are the companies engaged in the only two recent oil and gas projects to start in Alaska. Conoco runs the Willow project, which was greenlit by President Biden in what enraged his environmentalist voters at the time, and Santos recently launched commercial production at the Pikka project.

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The Bureau of Land Management approved Conoco’s 160,000-bpd Willow project in the National Petroleum Reserve of Alaska in late 2020. Government officials hailed the project as a job creator and a guarantee that oil will continue to flow along the Trans Alaska Pipeline. The Pikka project, for its part, is seen adding some 80,000 barrels daily to Alaska’s total output by the third quarter of this year.

The legacy producing region used to pump 2 million barrels daily about twenty years ago, at the peak of its exploitation. Now, this has fallen to below 600,000 barrels daily as environmentalist organizations stage pressure campaigns to limit exploration in ecologically sensitive areas, and costs increasingly look unappealing compared with the shale patch. In evidence that everything is relative, however, the costs of Alaska exploration now look palatable.

“What we’re now looking at is a gold rush mentality,” a senior activist from the Natural Resources Defense Council told Bloomberg this month. Indeed, there is a gold rush mentality in the energy industry now as oil and gas have suddenly become scarce commodities, with an estimated 14 to 15 million barrels of crude in daily supply gone for the observable future. This has made replacement a matter of the utmost urgency—and not just over the short term, as evidenced by the return of Big Oil majors that had previously left, presumably for good.

“What surprised us in the lease sale wasn’t only the dollar levels, but the new or returning entrants, like Shell and Exxon,” Bruce Dingeman, Santos vice president and head of the Australian company’s Alaska operations, said in comments on the recent lease sale, also quoted by Bloomberg. “That was a vote of confidence for the geology and the play, but it was also a vote of confidence that the regulatory reform is going to allow for responsible development to continue.”

This responsible development will now include liquefied natural gas: interest in the Alaska LNG export project has spiked since the war in the Middle East choked 20% of global LNG supply and sent Asian buyers scrambling for expensive spot cargoes. Previously considered rather costly, with a price tag of some $40 billion, Alaska LNG now looks quite attractive as a source of long-term, secure supply. And Alaska looks like an energy hotspot once again, contrary to expectations that the future of oil and gas is shale only.

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By Irina Slav for Oilprice.com

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Alaska

The Alaska Experiment That Could Reshape How Cruise Lines Navigate Wildlife

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The Alaska Experiment That Could Reshape How Cruise Lines Navigate Wildlife


This sponsored content was created in collaboration with a Skift partner.

Every summer, travelers from around the world head to Alaska to experience its glacier-carved fjords and abundant wildlife. Spotting whales in their natural habitat is a bucket-list moment for many.

Cruising has become one of the most popular ways to explore Alaska’s coastline, where vast distances, limited road access, and remote communities make much of the region difficult to reach by land. Alaska cruise passenger volumes have rebounded 33% from their pre-pandemic peak, with over one million travelers now passing through the region each season. International guests account for 68% of that market.

As more travelers add Alaska to their bucket lists, cruise lines are focusing on how tourism and wildlife can coexist in one of the world’s most remarkable marine environments. Many sailings take place during the summer months, a period that overlaps almost exactly with the feeding and migration period for humpbacks, orcas, and fin whales.

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That overlap is prompting cruise lines to invest in better data, training, and operational practices that support responsible navigation in wildlife-rich waters.

Integrating Research Into Cruise Operations

According to a recent study, protecting just 2.5% of the world’s oceans could protect nearly 90% of large whales. In response, MSC Cruises is investing in a science-led approach to navigating wildlife-rich waters during its inaugural Alaska season in summer 2026.

The cruise line is partnering with marine conservation organization ORCA to place a dedicated Marine Mammal Observer (MMO) onboard the upgraded MSC Poesia during the peak whale season this summer. The initiative was announced at Cruise Lines International Association’s (CLIA) Pacific Northwest Symposium last month.

“Instead of waiting to react to regulatory changes or industry pressure, we’re choosing to lead,” said Linden Coppell, vice president of sustainability and ESG at MSC Cruises. “That means investing in marine conservation as a core part of our operating model and setting a higher standard from the outset.”

ORCA’s MMO will work directly with the ship’s bridge officers responsible for navigation and speed decisions to help identify whales in real time, support whale-avoidance training, and collect new data on how whales respond to vessel presence and activity.

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The initiative builds on years of collaboration between ORCA and the shipping sector. The organization has trained thousands of seafarers from over 40 shipping companies in whale protection. MSC Cruises alone has had nearly 700 crew members undergo ORCA whale-avoidance training worldwide.

Building an Evidence Base at Sea

Over the course of the season, ORCA’s observer will assemble a detailed record of life at sea alongside a moving cruise ship. The team will track the ship’s route against whale sightings, measure proximity, document behaviors, and identify emerging patterns.

“Our goal is to build the most complete picture possible and an evidence-based understanding of how whales and vessels interact, so bridge teams can make informed navigation decisions that reduce the potential for disturbance,” said Steve Jones, chief operating officer at ORCA.

Findings from the season will be shared with the scientific community and used to further inform the whale avoidance training ORCA provides to deck crew across the cruise and shipping industries, including MSC Cruises.

In addition to crew training, the data has wider implications for marine planning and conservation policy. ORCA’s data feeds into international conservation initiatives, including the IUCN’s Important Marine Mammal Areas (IMMAs) program, which informs regulatory and policy discussions about protections for marine mammals globally.

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In other regions, such as the Southern Ocean, ORCA’s research has supported the creation of geofenced areas and refined speed guidance in high-density whale habitats, including the Antarctic Peninsula and South Georgia. Alaska represents another important habitat that could benefit from industry action to protect whales.

Raising the Bar in Wildlife-Rich Destinations

Alaska attracts travelers for its glaciers and wildlife, many of whom share a deep affinity for the outdoors and marine ecosystems. Survey research into whale-watching tourism shows that a large segment of travelers value responsible tourism that protects the landscapes and wildlife that make the destination so unique.

“From an operational perspective, safety and environmental protection always come first. The MMO’s primary role is to support bridge teams and inform navigation decisions,” Coppell said. “However, we also see a powerful opportunity to engage guests in a meaningful way.”

During each itinerary, the MMO will host onboard educational sessions and talks outlining the research underway, where guests will learn about whale behavior, marine biodiversity, and how responsible cruise operations work in practice. Passengers will also be introduced to ORCA’s citizen science initiatives, inviting travelers to contribute to long-term data collection efforts.

“Alaska is the ideal place to demonstrate that environmental responsibility and memorable travel experiences can go hand in hand. The goal is not to stage conservation, but to embed it into how we operate, and share that story with our guests,” Coppell said.

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ORCA will also review the whale-watching tours MSC Cruises offers to guests while in port, identify operators that follow best practices, and provide feedback throughout the season.

A Test Case for the Future of Cruise Operations

If the data collected onboard MSC Poesia leads to measurable refinements in training and navigation protocols, the model could be applied in other wildlife-rich regions.

Jones sees a growing appetite from cruise lines to deepen that kind of collaboration. “It’s a really exciting time to be working with cruise brands because of the engagement we’re seeing from companies like MSC Cruises,” he said. “In the next five to 10 years, we’ll see even more interest from brands that want to be responsible corporate citizens and play their part in leaving a positive legacy in the natural environment.”

For MSC Cruises, Alaska is both a new market and part of the company’s North America expansion, with a second Alaska season already on sale for 2027. At the same time, it’s testing how marine science can be integrated into day-to-day decision-making on the bridge.

“Alaska is a living laboratory for understanding how vessels and marine mammals share space,” Coppell said. “What we learn here will inform our operations in Alaska and help shape best practices all around the world.”

If that approach gains traction, Alaska could provide an early glimpse of how the next phase of cruise operations could take shape.

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To learn more about MSC Cruises, visit msccruisesusa.com. To learn more about ORCA, visit orca.org.uk.

This content was created collaboratively by MSC Cruises and Skift’s branded content studio, SkiftX.



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Crash closes Seward Highway near Portage, police say

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Crash closes Seward Highway near Portage, police say


A crash Monday afternoon has closed all lanes of traffic on the Seward Highway near Portage, the Anchorage Police Department said.

Officers were on scene for a vehicle collision at Mile 80 of the highway, with all lanes closed, according to a traffic alert from police.

The department said drivers should expect delays.

Police in their alert didn’t provide additional details about the crash, including whether there were any injuries or how many vehicles were involved.

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This is a developing story. Check back for updates.





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APD investigating overnight shooting in area of Lyn Ary Park

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APD investigating overnight shooting in area of Lyn Ary Park


ANCHORAGE, Alaska (KTUU) – Saturday night, just before midnight, Anchorage police officers were called to the city’s Turnagain neighborhood for reports of shots fire, according to the Anchorage Police Department.

When officers arrived, they found evidence a “weapon was discharged in the area,” APD said.

That area, a dispatch supervisor said, is the 2000 block of Foraker Drive including part of Lyn Ary Park.

“While officers were on scene, they were notified of a victim who arrived at a local hospital suffering from a gunshot wound to the lower body. The victim is recovering,” according to APD.

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The investigation is ongoing and no one has been arrested, APD said.

Anyone with information is asked to call 311.

See a spelling or grammar error? Report it to web@ktuu.com

Copyright 2026 KTUU. All rights reserved.



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