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Highlights

A collection of news and information related to Energy Resources published by this site and its partners.

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    May 22, 2012 |Story| AP Alaska

  1. Gov. Parnell Says Energy Relief Headed to Interior

    Gov. Sean Parnell says energy relief is on its way to Fairbanks, but still is a few years away.
    Matt Buxton, Fairbanks Daily-News Miner
    Gov. Sean Parnell says energy relief is on its way to Fairbanks, but still is a few years away.     The Fairbanks Daily News-Miner (http://is.gd/fwTHup) says the governor discussed the high cost of energy with a group of business leaders Monday at a...

    Tags: Science and Technology, Sean Parnell, Executive Branch, Environmental Issues, Regional Authority

    2. May 17, 2012 |Story| KTUU

  2. Cook Inlet Lease Sale Raises Millions

    <span>In just a few hours on Wednesday morning, the state of Alaska made almost $7 million.</span>
    Channel 2 News
    In 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: Science and Technology, Laws, Economy, Business and Finance, Zoology, Petroleum Industry

    3. May 2, 2012 |Story| KTUU

  3. State, TransCanada Shift to Tidewater Natural Gas Pipeline

    The State of Alaska has given TransCanada Corp.permission to shift its attention to a natural gas pipeline project that would be capable of producing liquefied natural gas for export overseas.
    Channel 2 News
    The State of Alaska has given TransCanada Corp.permission to shift its attention to a natural gas pipeline project that would be capable of producing liquefied natural gas for export overseas. In a Wednesday letter (PDF), Natural Resources Commissioner...

    Tags: Japan, Alternative Energy, Japan Earthquake and Tsunami (2011), Sean Parnell, Conservation

    4. May 4, 2012 |Story| KTUU

  4. 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.
    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: Petroleum Industry, Executive Branch, Regional Authority, U.S. Environmental Protection Agency, U.S. Geological Survey

    5. Apr 27, 2012 |Story| KTUU

  5. State Made Poor Deal on Point Thomson, Witness Tells Senate

    The State of Alaska made a poor deal with the oil industry on Point Thomson natural gas in <a href=&quot;http://www.ktuu.com/news/gov-sean-parnell-confirms-deal-on-point-thomson-gas-leases-033012,0,3903272.story">an agreement announced by Gov. Sean Parnell earlier last month,</a>a former head of the state Division of Oil and Gas told lawmakers Friday afternoon.
    Channel 2 News
    The 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: Petroleum Industry, Sean Parnell, U.S. Senate Committee on the Judiciary, Environmental Issues, Executive Branch

    6. Apr 27, 2012 |Story| KTUU

  6. "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.
    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: Petroleum Industry, Executive Branch, Regional Authority, Bill Walker, Home Heating

    7. Apr 30, 2012 |Story| KTUU

  7. Special Session Falls Apart on 13th Day

    In Juneau, day number 13 proved to be "unlucky" for the Special Session. It was the day that everything came crashing to an end. There was no agreement on a much talked about small-diameter natural gas pipeline. At 5:27 P.M., The House suddenly and...

    Tags: Sean Parnell, Executive Branch, Environmental Issues, Regional Authority, Natural Resources

    8. May 1, 2012 |Story| KTUU

  8. Hope for Natural Gas Pipeline Shifts From Juneau to Japan

    After state lawmakers failed to pass legislation that might have brought a natural gas pipeline from Alaska's North Slope, new hope for such a project has been revived Tuesday -- by officials with the government of Japan.
    Channel 2 News
    After state lawmakers failed to pass legislation that might have brought a natural gas pipeline from Alaska's North Slope, new hope for such a project has been revived Tuesday -- by officials with the government of Japan. On Monday night, Sen. Lisa...

    Tags: U.S. Department of State, Japan, Nuclear Power, Natural Disasters, Natural Resources

    9. Apr 16, 2012 |Story| KTUU

  9. Governor Calls Special Session, Lawmakers Prepare for More Work

    Gov. Sean Parnell's call for a special session has stopped Legislature staffers who were packing boxes inside the State Capitol Monday. Instead, they're now settling in for what could be a long, contentious 30 days.
    Gov. Sean Parnell's call for a special session has stopped Legislature staffers who were packing boxes inside the State Capitol Monday. Instead, they're now settling in for what could be a long, contentious 30 days. After watching three important...

    Tags: Petroleum Industry, Republican Party, Executive Branch, Craig Johnson, Home Heating

    10. Apr 16, 2012 |Story| AP Alaska

  10. Alaska Legislative Session: Governor Parnell Calling Special Session on 3 Issues

    Gov. Sean Parnell is calling lawmakers back for a special session this week to deal with unresolved issues from the just-ended legislative session, including oil taxes.
    Channel 2 News
    Gov. Sean Parnell is calling lawmakers back for a special session this week to deal with unresolved issues from the just-ended legislative session, including oil taxes.     Parnell issued a special session call shortly after the House and Senate...

    Tags: Petroleum Industry, Sean Parnell, Environmental Issues, Executive Branch, Government

    11. Apr 18, 2012 |Story| KTUU

  11. Special Session Gets Off to Underwhelming Start

    The special session of the state Legislature opened Wednesday with more of a whimper than a bang. Floor sessions saw the absence of many lawmakers, who need more than a single day of rest after 90 days of work.
    Channel 2 News
    The special session of the state Legislature opened Wednesday with more of a whimper than a bang. Floor sessions saw the absence of many lawmakers, who need more than a single day of rest after 90 days of work. In the Senate, only 14 of 20 senators...

    Tags: Cancer, Sean Parnell, Executive Branch, Health, Environmental Issues

    12. Apr 23, 2012 |Story| AP Broadcast

  12. ConocoPhillips 1Q Profit Drops 3 Pct

    ConocoPhillips said Monday that its first-quarter profit dropped 3 percent due to a decline in production following the sale of billions of dollars of oil fields and other assets.The Houston company reported earnings of $2.94 billion, or $2.27 per share, from January to March. That compares with $3.03 billion, or $2.09 per share, in the same part of 2011. Revenue was flat at $58.4 billion.Excluding special items, ConocoPhillips said adjusted earnings were $2.02 per share. Analysts, who typically exclude special items, were expecting earnings of $2.08 per share on revenue of $60 billion, according to FactSet.ConocoPhillips has shed more than $20 billion in assets since 2010 as part of a plan to split into separate companies. One company will keep the ConocoPhillips name and focus on exploration and production. The other company, Phillips 66, will specialize in refineries and pipelines.CEO Jim Mulva will retire following the split on May 1.With fewer producing assets, ConocoPhillips' oil and natural gas production dropped by 3.8 percent to 1.64 million barrels of oil equivalent per day in the first quarter. The company's oil platforms also were temporarily suspended off the coast of China because of an oil spill.The company sold crude oil for higher prices in the quarter, but natural gas prices declined.ConocoPhillips' refineries also sold less gasoline, diesel and other petroleum products in the period. Total refining sales dropped by 11.2 percent. Refining profit fell by 6.2 percent overall. Its midstream business, which includes pipelines, increased profits 27.4 percent, and its chemicals business boosted profits by 13 percent.Shares fell by 81 cents to $72.07 in morning trading.NEW YORK (AP) - ConocoPhillips said Monday that its first-quarter profit dropped 3 percent due to a decline in production following the sale of billions of dollars of oil fields and other assets.The Houston company reported earnings of $2.94 billion, or $2.27 per share, from January to March. That compares with $3.03 billion, or $2.09 per share, in the same part of 2011. Revenue was flat at $58.4 billion.Excluding special items, ConocoPhillips said adjusted earnings were $2.02 per share. Analysts, who typically exclude special items, were expecting earnings of $2.08 per share on revenue of $60 billion, according to FactSet.ConocoPhillips has shed more than $20 billion in assets since 2010 as part of a plan to split into separate companies. One company will keep the ConocoPhillips name and focus on exploration and production. The other company, Phillips 66, will specialize in refineries and pipelines.CEO Jim Mulva will retire following the split on May 1.With fewer producing assets, ConocoPhillips' oil and natural gas production dropped by 3.8 percent to 1.64 million barrels of oil equivalent per day in the first quarter. The company's oil platforms also were temporarily suspended off the coast of China because of an oil spill.The company sold crude oil for higher prices in the quarter, but natural gas prices declined.ConocoPhillips' refineries also sold less gasoline, diesel and other petroleum products in the period. Total refining sales dropped by 11.2 percent. Refining profit fell by 6.2 percent overall. Its midstream business, which includes pipelines, increased profits 27.4 percent, and its chemicals business boosted profits by 13 percent.Shares fell by 81 cents to $72.07 in morning trading.
    Channel 2 News
    ConocoPhillips said Monday that its first-quarter profit dropped 3 percent due to a decline in production following the sale of billions of dollars of oil fields and other assets.The Houston company reported earnings of $2.94 billion, or $2.27 per share,...

    Tags: Petroleum Industry, Economy, Business and Finance, Upstream Oil and Gas Activities, Companies and Corporations, Environmental Issues

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