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Economy, Business and Finance news, photos and video - ktuu.com
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Economy, Business and Finance

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    Sep 18, 2012 |Story| KTUU

  1. Coalition Endorses "Meaningful" Oil Tax Reform in Alaska

    This Afternoon (Tuesday) a coalition of Alaska business leaders -- and a former Alaska Governor (Tony Knowles) -- got together to endorse "meaningful tax reform" at the North Slope. But the group stopped short of saying precisely what "meaningful tax reform" would entail.
    This Afternoon (Tuesday) a coalition of Alaska business leaders -- and a former Alaska Governor (Tony Knowles) -- got together to endorse "meaningful tax reform" at the North Slope. But the group stopped short of saying precisely what "meaningful tax...

    Tags: Regional Authority, Upstream Oil and Gas Activities, Government, Executive Branch, Ken Hollis

    2. Sep 19, 2012 |Story| AP Broadcast

  2. Alaska State Attorneys Want German Company to Force Testimony

    State attorneys will head to Germany to interview the makers of ferry engines the state claims were defective.
    Matt Miller, KTOO
    State attorneys will head to Germany to interview the makers of ferry engines the state claims were defective.     KTOO reports (http://is.gd/Xj5hte) the state is suing MTU Friedrichshafen, which made engines for the ferries Fairweather and Chenega.    ...

    Tags: Trials, Litigation, Career and Workplace, Germany, Justice System

    3. Sep 17, 2012 |Story| AP Alaska

  3. Shell Scales Back Alaska Drilling Plans in 2012

    Royal Dutch Shell PLC says that after several setbacks, it no longer plans to try to drill deep enough to reach oil in exploratory wells off the coast of Alaska this year.
    Channel 2 News
    Royal Dutch Shell PLC says that after several setbacks, it no longer plans to try to drill deep enough to reach oil in exploratory wells off the coast of Alaska this year.     The company was granted two exploratory drilling permits by the U.S....

    Tags: Royal Dutch Shell Plc, Companies and Corporations

    4. Sep 8, 2012 |Story| KTUU

  4. Shell Makes History in Chukchi Sea -- Drilling Now Underway

    This morning, (Sunday) Shell Oil has begun conducting an historic operation in the Chukchi Sea.
    This morning, (Sunday) Shell Oil has begun conducting an historic operation in the Chukchi Sea. For the first time in more than 2 decades, the company has started drilling for oil in the Arctic Ocean -- 70 miles off the coast of Northwestern Alaska. It...

    Tags: Upstream Oil and Gas Activities, U.S. Geological Survey, Petroleum Industry, Interior Policy, Greenpeace

    5. Sep 10, 2012 |Story| AP Alaska

  5. Shell Halts Chukchi Sea Drilling

    Royal Dutch Shell has halted drilling in the Chukchi Sea one day after it began because of sea ice moving toward the company's drill ship off Alaska.
    The Associated Press
    Royal Dutch Shell has halted drilling in the Chukchi Sea one day after it began because of sea ice moving toward the company's drill ship off Alaska. Shell Alaska spokesman Curtis Smith tells The Associated Press that drilling was stopped as a...

    Tags: Petroleum Industry, Royal Dutch Shell Plc, Companies and Corporations

    6. Sep 5, 2012 |Story| KTUU

  6. Utility Companies Working Hard To Restore Power After Destructive Windstorm

    Strong winds that whipped through Southcentral Alaska left many Anchorage residents cleaning up the mess Mother Nature left behind. Wednesday night, thousands of homes were without power. Utility companies say they are making a steady effort to restore electricity as fast as they can.
    Channel 2 News
    Strong winds that whipped through Southcentral Alaska left many Anchorage residents cleaning up the mess Mother Nature left behind. Wednesday night, thousands of homes were without power. Utility companies say they are making a steady effort to restore...

    Tags: Companies and Corporations

    7. Sep 2, 2012 |Story| KTUU

  7. Shell Drill Rig Arrives In Chukchi Sea -- Historic Exploratory Drilling Could Begin This Week

    After 6 years of planning, and $4.5 billion in expenditures, the Shell Drilling Rig "Noble Discoverer" is tonight (Sunday) just 10 miles from its goal.
    Channel 2 News
    After 6 years of planning, and $4.5 billion in expenditures, the Shell Drilling Rig "Noble Discoverer" is tonight (Sunday) just 10 miles from its goal. After an 8-day-journey from Dutch Harbor, the vessel now sits in the Chukchi Sea -- and is preparing...

    Tags: Wildlife, Science and Technology, Greenpeace, Bodies of Water, Ken Salazar

    8. Sep 4, 2012 |Story| KTUU

  8. Sale Complete on Juneau Downtown Grocery Store

    A Washington state-based retail and real estate management company has completed the purchase of Juneau's main downtown grocery store.
    John R. Mores, Juneau Empire
    A Washington state-based retail and real estate management company has completed the purchase of Juneau's main downtown grocery store.     Myers Group CEO Tyler Myers tells the Juneau Empire (http://bit.ly/Tegv9K) that the Alaskan & Proud grocery at...

    Tags: Petroleum Industry, Companies and Corporations

    9. Aug 30, 2012 |Story| KTUU

  9. Shell Gets Go Ahead for Drilling in Chukchi -- With Restrictions

    The Chukchi and Beaufort Seas are believed to contain more recoverable oil than Alaska's Prudhoe Bay - and Prudhoe Bay, you'll recall, is the greatest oil find in North American history.
    The Chukchi and Beaufort Seas are believed to contain more recoverable oil than Alaska's Prudhoe Bay - and Prudhoe Bay, you'll recall, is the greatest oil find in North American history. So it was no small news today (Thursday) when -- for the first...

    Tags: Environmental Pollution, Science and Technology, Weather, Greenpeace, Gulf of Mexico

    10. Aug 23, 2012 |Story| KTUU

  10. Selling Alaska Natural Gas to Hawaii: What Would It Take?

    Alaska has natural gas.  Plenty of it.  And Hawaii needs it.
    Alaska has natural gas.  Plenty of it.  And Hawaii needs it. What’s so complicated about that?  A lot more than you might think. Sen. Mark Begich, D-Alaska, was hoping to get a clearer understanding of what it would take for the two states to do...

    Tags: Energy Resources, Environmental Politics, Environmental Issues, Companies and Corporations

    11. Aug 23, 2012 |Story| KTUU

  11. Both Sides Weigh in on Ballot Measure 2

    Measure 2 wants to create a coastal management program as a way for coastal areas to have a say in what happens off their shores, but opponents see it as just adding more red tape to economic development.
    ch. 2 news
    Measure 2 wants to create a coastal management program as a way for coastal areas to have a say in what happens off their shores, but opponents see it as just adding more red tape to economic development. It's hard to miss the large vote no on 2 signs....

    Tags: Elections, Politics, Companies and Corporations

    12. Aug 20, 2012 |Story| KTUU

  12. New Natural Gas Storage Facility Says Gas Meant for Alaska was Shipped to Japan

    For power and gas customers in Southcentral Alaska, a dispute between two energy companies could mean a hike in future utility bills.  
    Channel 2 News
    For power and gas customers in Southcentral Alaska, a dispute between two energy companies could mean a hike in future utility bills.   Cook Inlet Gas Storage Alaska, the company which built the new underground gas storage facility near Kenai, has...

    Tags: Energy Resources, Petroleum Industry, ConocoPhillips, Japan, Barbara Lee

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