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Channel 2 NewsOil executives with several firms operating in Alaska met with Gov. Sean Parnell at the Dena'ina Center in Downtown Anchorage Thursday for a noon luncheon hosted by Exxon Mobil Corp. Chief executives at the high-security, invitation-only event included...
Enstar parent company SEMCO Energy has been sold to Canada’s AltaGas, which has agreed to pay more than $1.1 billion to acquire natural gas businesses in Alaska and Michigan. AltaGas says the firms are a good fit with its own assets and part of a...
Channel 2 NewsChevron says its wholly owned indirect subsidiary, Union Oil Co. of California, has completed a sale of Alaska oil and gas assets in Cook Inlet to Houston-based Hilcorp Alaska LLC. Chevron announced completion of the sale Tuesday in a press release....
Channel 2 NewsThe Department of Natural Resources says it has reduced a backlog of permits by 20 percent in six months. Lawmakers last year provided money to eat into the backlog. On June 30, the backlog stood at 2,658 cases. It was at 2,095 on Dec. 30. The...
The Associated PressA state commissioner on Tuesday tried to allay criticism from Alaska conservation groups and some lawmakers who say proposed changes to the Department of Natural Resources' mission statement indicates a pro-development bent. The previous statement says...
Dan JolingState attorneys will appear before the Alaska Supreme Court on Wednesday to argue that a lower court judge incorrectly interpreted state law on how the Department of Natural Resources terminates undeveloped petroleum leases. The appeal is an offshoot...
Alaska Ketchikan Rep. Kyle Johansen has proposed a resolution in the state Capitol urging the U.S. Congress to declare New York's Central Park as a wilderness area, subjecting it to the same building and construction restrictions currently affecting...
The Associated PressState Rep. Kyle Johansen might have penned a resolution urging the federal government to take over New York City's Central Park, but he might not have expected a hearing on the issue -- let alone a mention in The New York Times. But he's got both. The...
Channel 2 NewsThe Senate Finance Committee took up a proposal to tax oil profits and gas profits separately, a process known as "decoupling." It's a complex question that could cost the state millions of dollars, if oil prices get relatively higher than gas prices....
Channel 2 NewsThe University of Alaska Fairbanks says an engineering company has made a $1.6 million software donation to the school's petroleum engineering department. Petroleum Experts, based in Edinburgh, Scotland, is donating 10 copies of a suite of six programs...
Channel 2 NewsTwo Republican lawmakers introduced new legislation Tuesday to push an in-state natural gas pipeline. House Speaker Mike Chenault (R-Nikiski) and Rep. Mike Hawker (R-Anchorage) have introduced the legislation that would, in part, turn three current...
The Associated PressThe Senate Finance Committee has introduced legislation that would change Alaska's system of taxing oil and gas production together. It's the same bill the Legislature passed two years ago, and that Gov. Sean Parnell vetoed, saying it effectively...
Jan 5, 2012 |Story| KTUU
Feb 1, 2012 |Story| AP Alaska
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Jan 30, 2012 |Story| KTUU
Jan 30, 2012 |Story| AP Alaska
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Jan 27, 2012 |Story| AP Alaska
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Jan 18, 2012 |Story| AP Alaska
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