WSJ: Bill for AIDEA financing of Heatherdale's Niblack Project signed into lawSB99, introduced by Senator Lesil McGuire, R-Anchorage and amended by Senator Bert Stedman, R-Sitka, was unanimously passed during the recent session of the Alaska State Legislature. The bill provides AIDEA with the ability to provide financing for the Niblack and Bokan mining projects in Southeast Alaska as well as a loan to the Blue Lake Hydroelectric Project near Sitka, Alaska
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Murkowski, unions take stand against oil tax ballot measure
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A campaign group trying to preserve oil tax cuts approved last year got a boost Friday when Sen. Lisa Murkowski, North Slope unions and contractors all urged a "no" vote on Ballot Measure 1, an effort to repeal Senate Bill 21.
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Houston company takes stake in Brooks Range
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Brooks Range Chief Operating Officer Bart Armfield confirmed Houston independent Thyssen Petroleum Corp. will take an equity stake in the company developing the Mustang field on the North Slope. The transaction will mark the fourth new entrant to the Slope in the last year.
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Canada approves oil pipeline from Alberta to the Pacific
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TORONTO (AP) — Canada’s government on June 17 approved a controversial pipeline proposal that would bring oil to the Pacific Coast for shipment to Asia, a major step in the country’s efforts to diversify its oil exports if it can overcome fierce opposition from environmental and aboriginal groups.
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Itemized work on Alaska gas line confidential
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JUNEAU, Alaska — State reimbursements to TransCanada Corp. in pursuit of a natural gas pipeline are expected to total about $330 million. But the list of the itemized project work is considered confidential.
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Candidate profile: Treadwell's underdog run for US Senate draws on 40 years of Alaska work
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He was a Wally Hickel prodigy who built himself into an authority on the Arctic, an entrepreneur who amassed personal wealth from well-played technology investments. His friends call him intelligent and energetic.
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Goldsmith's comparison of ACES, SB21 lacks basic rigorGoldsmith did not submit his work for peer review prior to publication, as generally expected for high-profile academic or research agency reports.
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Sen. Murkowski: Natural Gas Exports Clearly in the Public Interest
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WASHINGTON, D.C. – U.S. Sen. Lisa Murkowski, R-Alaska, today encouraged the Obama administration to expedite its process for approving liquefied natural gas (LNG) export licenses to take advantage of the abundance of U.S. energy for the economic and security benefits of the nation.
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North Dakota marks milestone of 1M barrels per day
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WILLISTON, N.D. (AP) — North Dakota has joined the ranks of the few places in the world that produce more than a million barrels of oil per day, due in large part to the rich Bakken shale formation in the western part of the state.
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Parnell terminates state’s AGIA contract with TransCanada
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A much-criticized 2010 agreement between the State of Alaska and TransCanada Corp. to pursue a large North Slope natural gas pipeline is now in the past. Gov. Sean Parnell signed documents June 17 terminating the contract with TransCanada, negotiated under the state’s Alaska Gasline Inducement Act, or AGIA.
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John Devens, mayor who led Valdez through Exxon oil spill, dies at 74
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24-hour shutdown of Trans Alaska pipeline system planned for major maintenanceThe Trans Alaska Pipeline (TAPS) system is scheduled to be shut down for 24 hours, beginning Friday morning, for major maintenance.
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July hearing set for Kenai Loop gas payments
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Buccaneer Energy, Cook Inlet Region Inc., and the State of Alaska will be back before the Alaska Oil and Gas Conservation Commission July 7 to duke it out once more over gas royalty rights from Buccaneer’s Kenai Loop well pad.
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Bering Straits Native Corp. seeks land for future Arctic port
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The prospect of new port facilities in Western Alaska will rely heavily on Arctic oil and gas development, according to a recent Northern Economics study.
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SB21 not in Alaska's best interest, voters must act
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On August 19, Alaskans have the opportunity to make a difference in our lives, and the lives of future generations. By voting yes on Ballot Measure 1, voters have the power to repeal the oil production tax enacted in 2013. Senate Bill 21 changed how the state taxes the production of publicly owned oil, establishing a system that is not in Alaska's best interest.
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US oil driving marketsBP Statistical Review shows robust domestic oil and natural gas markets
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The United States is becoming an increasingly prominent factor driving global energy markets, according to the newest annual review of the energy industry by BP plc.
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Alaska' three-legged fiscal stool requires oil
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Only three legs support the Alaska economy: oil, the federal government and everything else. That’s why oil tax reform is an Alaska problem, not an oil company problem. Oil companies can invest anywhere in the world, and they do. They take their investment wherever they can achieve the highest rate of return. If that is not Alaska, then it may be North Dakota, California, Indonesia or anywhere else in the world. To them it’s a simple choice: what is the lowest risk and highest
return.
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