Highlights
A collection of news and information related to Petroleum Industry published by this site and its partners.
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Cook Inlet Lease Sale Raises Millions
Channel 2 NewsIn just a few hours on Wednesday morning, the state of Alaska made almost $7 million. The source: the sale of Cook Inlet Oil and Gas leases. Ever since oil was discovered in the Kenai Peninsula in the 1950’s, lease sales have become a much...Tags: Energy Resources, Crime, Law and Justice, Science and Technology, Environmental Issues, Companies and Corporations
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North Dakota Passes Alaska as Nation's #2 Oil Producer
Channel 2 News -
North Dakota Passes Alaska to Become Nation's Second-Leading Oil Producer
Stephen J. Lee, Grand Forks HeraldNorth Dakota has passed Alaska to become the second-leading oil-producing state in the nation, trailing only Texas. State Mineral Resources Director Lynn Helms tells the Grand Forks Herald (http://bit.ly/L6cLo1) that North Dakota oil production in...Tags: Upstream Oil and Gas Activities
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Parnell: Special Session is Over, He's Not Likely To Call Another This Year
Governor Sean Parnell (R-Alaska) is saying tonight that even though he has the power to call a second Special Session, it's unlikely that he'll do so. Parnell spoke with KTUU-TV Friday, one week after the special session came to an abrupt end. On...
Tags: U.S. Senate Committee on Finance, Executive Branch, Politics, Sean Parnell, Environmental Issues
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State Made Poor Deal on Point Thomson, Witness Tells Senate
Channel 2 NewsThe State of Alaska made a poor deal with the oil industry on Point Thomson natural gas in an agreement announced by Gov. Sean Parnell earlier last month,a former head of the state Division of Oil and Gas told lawmakers Friday afternoon. Mark Myers...Tags: Energy Resources, Government, Crime, Law and Justice, Executive Branch, Politics
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"Limbo" Special Session Holds Hearings -- Bombshell Testimony on Point Thomson Given
With the the 30-thousand-dollar-a-day legislative session still in limbo, committee hearings were held. Though no laws can be passed, now that the Senate has adjourned, two Senate Committees did examine two important issues: the high cost of energy in...
Tags: U.S. Senate Committee on Finance, Port Authority of New York and New Jersey, Executive Branch, Politics, Conservation
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Human Trafficking Bill Advances, Other Measures Stall in Special Session
Channel 2 NewsThursday was the second day of the special session called by Gov. Sean Parnell, with one bill moved forward while two others languished in committee. The bill that advanced would boost the penalties for human trafficking, often connected with the...Tags: Trials, Executive Branch, Prostitution, Politics, Sean Parnell
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Alaska's Revenue Commissioner Gets Tough Questioning From State Senators
"Same pig, different lipstick." That's what one Alaska State Senator said Friday after a hearing in which the Department of Revenue described the Governor's new tax plan to the Senate Resources Committee. The colorful comment was meant to convey a...
Tags: Government, Regional Authority, Executive Branch, Politics, Sean Parnell
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Arctic Offshore Drilling: Groups Appeal Lease Sale Decision
Dan JolingEnvironmental groups are asking a federal appeals court to overturn a judge's decision that OK'd the sale of petroleum leases in the Arctic Ocean off Alaska's northwest shore. The groups hope to stop a subsidiary of Royal Dutch Shell from moving...Tags: Crime, Law and Justice, Royal Dutch Shell Plc, Judges, Justice System
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State Senate Oil Tax Bill Doesn't Reach Floor, Sent to Rules Committee
Channel 2 NewsThe state Senate decided at the last possible moment Thursday not to have a floor debate on one of its key pieces of legislation in the 2012 session -- oil tax reform. The bill had finally come out of committee Wednesday evening, and its failure to reach...Tags: Government, U.S. Senate Committee on Finance, Crime, Law and Justice, Regional Authority, Executive Branch
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Oil Tax-Reform Inches Forward
Channel 2 NewsAs things wind down on the current legislative session, there has been an important move on a key issue: oil tax reform. This morning a Senate committee modified a measure which would allow for oil exploration in largely unexplored areas -- like Nenana....Tags: Politics, Upstream Oil and Gas Activities
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Senate Challenges Consultant's Testimony on Oil Production Costs
Channel 2 NewsMembers of the Senate Resources Committee spent time Tuesday closely but politely questioning the Legislature's own consultant on oil tax reform. Senators were concerned that PFC Energy had shared some information with the State Department of Revenue,...Tags: Energy Resources, Apple iPad, Politics, Sean Parnell, Environmental Issues
May 17, 2012
|Story| KTUU
May 15, 2012
|Story| KTUU
May 15, 2012
|Story| AP Alaska
May 4, 2012
|Story| KTUU
Apr 27, 2012
|Story| KTUU
Apr 27, 2012
|Story| KTUU
Apr 19, 2012
|Story| KTUU
Apr 20, 2012
|Story| KTUU
Apr 12, 2012
|Story| AP Alaska
Apr 12, 2012
|Story| KTUU
Apr 14, 2012
|Story| KTUU
Apr 24, 2012
|Story| KTUU
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