Small British oil explorer drills Alaska appraisal well in prospect adjacent to haul road
Pantheon Resources leaders believe Talitha-A can be developed quickly even under tenuous market conditions.
Alaska development bank forecloses on oil field assets after $70 million investment
The Alaska Industrial Development and Export Authority took control of the Mustang project in December after years of fits and starts.
Murkowski energy bill crosses finish line as part of pandemic relief bill
The Energy Act of 2020 culminated almost six years of work, procedural hang-ups and near-victories for Alaska Sen. Lisa Murkowski.
Positive signs for oil, tourism, but rebound will take time
Oil prices have hovered around $50 per barrel for Alaska North Slope crude in mid-December on hopes that the first round of COVID-19 vaccines will translate into greater demand before too long.
Pandemic helps drive Alaska revenue from oil taxes and fees to lowest since 1979
Officials say the situation is expected to get worse in the next fiscal year before it starts to improve.
Alaska Permanent Fund rebounds to pass $70 billion as stock markets rally
The fund’s balance fell to about $60 billion in late March during the most uncertain early days of pandemic.
Converging forces make for worst Upper Cook Inlet commercial salmon season in decades
Low prices, an oddly timed sockeye run and another year of very poor Kenai king returns combined to result in one of the worst Upper Cook Inlet commercial fishing seasons on record.
Former Alaska Gov. Walker and former gas line corporation CEO Keith Meyer lead new pipeline venture
Walker said Monday that the state, through the Alaska Gasline Development Corp., has significantly derisked the now $38 billion Alaska LNG Project but it’s time for the work to transition back to the private sector.
The Trump administration repealed the ‘Roadless Rule’ for Alaska’s Tongass forest. What’s next?
Lifting the development impediments imposed by the Roadless Rule is about far more than restoring Southeast’s now niche timber industry to its glory years, proponents of the repeal say.
Alaska Supreme Court hears arguments in dispute over fisheries landings tax
Seattle-based Fishermen’s Finest Inc. argues Alaska’s fishery resource landing tax violates a constitutional prohibition on taxes or fees levied against goods on the way to export.
Operator of Southeast Alaska mine seeks to reroute road for tailings expansion
The operator of Greens Creek mine, the largest silver mine in the U.S., is asking the Forest Service to approve a plan that would allow the mine to produce into the 2030s.
Cook Inlet oil activity slows in response to continuing low prices
Glacier Oil and Gas, an Anchorage-based independent producer, wants to put two facilities into “cold-shutdown and unmanned” status.