Shares of Liberty Broadband Corporation have surged in recent trading sessions, as negotiations with Charter Communications inch closer to a monumental deal. Investors are betting on a potential merger between the two telecommunications giants, a move that could redefine the landscape of the U.S. broadband and cable TV market. The latest boost to Liberty Broadband’s […]
Grain Management, LLC, a prominent solutions provider to the broadband and communications industry, has officially completed its acquisition of QSH Parent Holdco LLC, commonly known as Quintillion. This strategic acquisition integrates Quintillion, a leading fiber-based connectivity provider in Alaska and the North American Arctic, into Grain Management’s extensive network of mission-critical broadband infrastructure and communications […]
A US federal judge has upheld the Biden administration’s approval of ConocoPhillips’ Willow oil project located in the National Petroleum Reserve in Alaska (NPR-A), paving the way for the controversial drilling project in the Western Arctic. Court Ruling Amid Environmental Concerns US District Judge Sharon Gleason’s ruling responded to a lawsuit filed by Earthjustice, representing […]
Alaska’s Juneau struck with catastrophic flooding. In an unprecedented turn of events, Alaska’s capital city of Juneau witnessed the wrath of nature on Saturday, following a monumental glacial dam outburst. This unforeseen disaster wiped out structures and sounded alarm bells for residents, pushing city officials to frantically issue evacuation orders. Erosion and Damage In the […]
On the night of July 15, 2023, a significant 7.2 magnitude earthquake shook the offshore region of the Alaska Peninsula. Coming almost three years after the previous 7.8 magnitude Simeonof Earthquake, this seismic event occurred 50 miles south of Sand Point, and about 100 miles southeast of the earlier quake’s epicenter, with a depth of […]
The US Federal Energy Regulatory Commission (FERC) has granted authorization to the Alaska Gasline Development Corporation (AGDC) for its Alaska LNG Project for liquefying and exporting liquefied natural gas (LNG) produced in the North Slope of Alaska. The FERC gave a Section 3 Natural Gas Act authorization, with conditions, to the AGDC for siting, constructing, […]
88 Energy acquisition of XCD Energy : Australian energy companies 88 Energy and XCD Energy have finally agreed to merge in an all-stock transaction to establish an oil company focused on the North Slope in Alaska, US. Presently, 88 Energy has operations in most of the Project Icewine, which is spread over nearly 480,000 acres. […]
US oil and gas news : The US Bureau of Safety and Environmental Enforcement (BSEE) says that new oil exploration activities in Arctic federal waters have commenced with Eni initiating the process off the north Alaska coast as part of its Nikaitchuq North exploration project. Eni US Operating, a subsidiary of the Italian oil and […]