It might be a stretch to say the debate Tuesday night at the Bear Tooth Theatrepub made oil taxes sexy, but at least the popular Anchorage venue attracted a sell-out crowd and prompted a back-and-forth that was, well, more fluid than some of the past debates on the topic.
In a $450 million deal, Thyssen Petroleum North Slope Development LLC, JK Tech Holdings Ltd. and MEP Alaska LLC have acquired a 90 percent interest in the Alaska oil and gas business of the North Slope independents AVCG LLC and Ramshorn Investments Inc.Eric Lidji
In a sealed bid, Cook Inlet Energy committed to spend $1,501,000 over four years for an exploration license on 168,581 acres of state land on and offshore the Iniskin Peninsula in Southwest Cook Inlet.Kristen Nelson
U.S. District Judge Sharon Gleason recently denied a motion to vacate a federal permit granted to ConocoPhillips for development on the Colville Delta 5 project, now underway in the National Petroleum Reserve-Alaska.Wesley Loy | Petroleum News
Exxon Mobil Corp. now holds the reins to a pair of projects considered pivotal to the state’s future, putting the global oil giant in an odd position: In addition to producing hydrocarbons, it’s working to regain public trust.Alex DeMarban
The second-quarter earnings release is the last before Alaska's August vote on an initiative seeking to repeal Senate Bill 21's tax cuts, and Conoco executives weighed in on the issue during a conference call with Wall Street stock analysts Thursday morning.Pat Forgey
The small private natural gas utility in Fairbanks, which has about 1,100 customers, “engaged in numerous highly irregular transactions” that warrant a state investigation, according to the Fairbanks North Star Borough.Dermot Cole