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1. NATURAL GAS

Alaska dreams big as Exxon begins Point Thomson construction

In the coming weeks, as icy winter temperatures moderate on Alaska's North Slope and industrial ice roads begin to melt, Exxon Mobil Corp. will wrap up winter construction at its Point Thomson natural gas project. During this year's December-to-May operations, Exxon began building a 22-mile pipeline that is designed to carry liquid natural gas condensates from the company's Point Thomson wells to the oil fields of Badami. From there, Exxon would divert the liquid fuel into a pipeline spur that carries oil to the Trans-Alaska Pipeline System.

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