The project manager for a proposed dam that would rise 735 feet in the Alaska wilderness said it could improve salmon spawning habitat on the Susitna River, a statement that drew sharp criticism from opponents.
The company agreed last week to plead guilty to eight felony criminal counts and to pay $12.2 million -- $8.2 million in penalties and $4 million for a community service payment -- for environmental and safety violations during Shell’s mishap-laden 2012 drilling season.Yereth Rosen
After the 2010 Deepwater Horizon disaster, oil giant BP had to cut its worldwide portfolio significantly by selling off $43 billion in assets. Now, unexpectedly, the company finds itself in a more favorable position to weather a bear oil market than some competitors.Jennifer A. Dlouhy | Houston Chronicle
As the Walker administration begins to scrub the numbers in the state budget, an analysis released Monday -- commissioned by a dam opponent -- finds gaping holes in the economic assumptions justifying the proposed Susitna-Watana Hydroelectric Project.Dermot Cole
Having purchased a large slice of BP’s interests in four BP northern Alaska oil fields, Hilcorp Alaska is going to file a new proposed plan of the development for the Liberty field, offshore in the Beaufort Sea.Alan Bailey
State lawmakers, legislative staff and gas line consultants who signed a confidentiality agreement related to the big Alaska LNG project received closed-door updates from the outgoing administration Friday. Alex DeMarban
Legislators are set to review a multi-year reduction in royalties recommended for Caelus Energy's Nuna project on the North Slope, which could represent a $75 million boost to the project's profitability for the company.Pat Forgey
The Shell contractor that broke environmental and marine-safety laws during the oil giant’s troubled 2012 drilling season was sentenced on Friday to pay $12.2 million in fines and community payments, to serve four years’ probation and to undergo a company-wide environmental compliance program.