Congressional budget subtly bores a path to drilling in ANWR
Some environmentalists and Democrats say the budget proposal has the obvious fingerprints of those who want to expand Arctic drilling.
Business/Economy
Hilcorp moves forward on plan to close volcano-threatened oil tank farm
Hilcorp has filed a permit request with regulators to build an oil pipeline on the west side of Cook Inlet.
Alaska credit rating downgraded for 2nd time in a week
Standard & Poor's said Alaska's reliance on financial reserves to fund its budget cannot continue.
Prudhoe Bay spill in April leads to wider review, suspension of 14 wells
BP has shut in 14 wells at Prudhoe Bay using mechanical plugs, including five that had been producing oil when a leak occurred at a well in April after the permafrost subsided, creating pressure on the well.
Inspired by Trump’s infrastructure initiative, Copper Valley dusts off plans to tie into railbelt utilities
An old idea of tying the Copper Valley region to the electric system along the railbelt has re-emerged, encouraged by President Donald Trump's plan to spend $1 trillion on U.S. infrastructure.
How to recover when you’ve been conned by a dishonest or manipulative business partner
WORKPLACE ADVICE: Don't waste time badmouthing them to former clients. Do channel your anger into your current work.
ConocoPhillips moves toward shutting down Kenai LNG facility that once blazed trail
With LNG prices low and no deal with a buyer, ConocoPhillips has announced a transition that would move the nearly half-century old Kenai LNG plant closer to a shutdown.
Fishermen seeing higher salmon prices across the board
Prices are up for red salmon, especially those from Bristol Bay, but commercial fishermen are also buoyed by price increases for chum, pink and king salmon in various fisheries across Alaska.
Under settlement, ExxonMobil proposes more oil production at Point Thomson field
ExxonMobil is proposing a sharp increase in light-oil production at its Point Thomson field. It also wants to ship gas from the field to another field, at Prudhoe Bay, where it can be stored for a gas-export project. The steps are being taken as part of a legal settlement with the state.
Moody’s downgrades Alaska’s credit rating again
The agency cited an 'ongoing structural budget imbalance' as one factor for the rating change.
GCI rivals object to company’s purchase by conglomerate Liberty
Quintillion and ACS tell regulators that a merger with a large, powerful telecom based outside Alaska will only encourage the continuance of what they view as unfair pricing practices by GCI.
Drilling from man-made island into federal Arctic leases OK’d
The Bureau of Ocean Energy Management approved Eni's exploration plan to use extended-reach drilling to tap into federal territory of the Arctic Ocean.
In Anchorage, fewer single-family homes are for sale and prices are flat
The average price of a single-family home in Anchorage has barely budged from last year despite a large drop in inventory.
This couple has built a mini hospitality empire in Seward
Over about a decade, the pair has amassed a collection of restaurants and hotels in the small Alaska community.
State agency boosts investment in North Slope oil processing facility to spark new production
The Alaska Industrial Development and Export Authority plans to spend another $2.5 million, adding to the $70 million already invested, to get a delayed oil field project underway.
Can a company stop employees from secretly recording meetings? Should it?
A recent federal court ruling upheld employees' right to make workplace recordings — while leaving the door open to some restrictions. Meanwhile, companies can take steps aside from an outright ban.
Native corporation makes move toward exploring for oil in Arctic Ocean, where Shell failed
ASRC Exploration is hoping to explore the Arctic Ocean for oil where Shell left off. It wants to keep alive leases once held by Shell in a promising offshore region where other discoveries were made.
Alaska’s GDP just saw its longest decline on record
Alaska's gross domestic product in 2016 fell 5 percent compared to the previous year, down to $50.7 billion.
Robots are likely on their way into Alaska fish-processing plants
As the U.S. seafood industry becomes more reliant on products from aquaculture, equipment makers are designing machines for processing more predictable fish.
Korean buyer eyes Alaska LNG but also signs deals with competitors
The Alaska Gasline Development Corp. has signed a preliminary deal with Korea Gas Corp. But it might lead to nothing at all.