Some of the affected parties are raising concerns as state tax assessors are finalizing a methodology for valuing oil and gas properties other than the Trans-Alaska Pipeline System for the first time.
Insulating the state ferry system from annual political battles is one of the biggest things the lawmakers can do to improve its operating efficiencies, according to a draft report released Sept. 13.
Lt. Gov. Byron Mallott denied an application on Sept. 12 to put a voter initiative on the 2018 statewide ballot that would have tightened the state’s permitting requirements for development projects with the potential to impact salmon streams.
Leaders of Alaska’s largest electric utilities hope to have a green light from state regulators to form new infrastructure management companies in a little more than a year.
Alaska fishing groups concerned about the impacts that large-scale development projects could have on salmon habitat are pushing to reform the state’s permitting requirements through a voter initiative on the 2018 ballot.
U.S. Coast Guard Commandant Adm. Paul Zukunft has one very clear message: the country needs more icebreakers.
Alaska seasonally adjusted unemployment rate hit 7 percent in July according to the state Labor Department.
While the State of Alaska is still mired in a damaging cycle of multibillion-dollar budget deficits, it’s hard to imagine a scenario in which its biggest financial asset could be doing better.
Railbelt utility leaders want the Alaska Energy Authority to approve a $46.4 million expansion of the Bradley Lake hydroelectric plant.
It might be the peak of summer, but it feels a lot more like Groundhog Day in Alaska politics.
A vessel design firm hired by a Prince William Sound environmental watchdog group is skeptical of the capability of tugs being built to escort oil tankers out of Valdez.
A trio of Alaska’s largest electric utilities announced an agreement Jan. 30 to start operating more as one.
Alaska’s congressional delegation is hoping the 13th time will be the lucky one for legislation to open the Arctic National Wildlife Refuge to oil and natural gas development.
ConocoPhillips has a new 300 million-barrel oil discovery in the federal National Petroleum Reserve-Alaska, the company’s Alaska President Joe Marushack said Friday morning.
Rejuvenating Alaska’s large vessel fishing fleet could be nearly an $11 billion boon for Outside shipyards, according to a new McDowell Group report.
Iin a study commissioned by the Port of Seattle and the Washington Maritime Federation, the Alaska-based research firm pegged $11.3 billion as the cost to completely replace the 414 fishing and processing vessels longer than 58 feet that participate in North Pacific fisheries off the coast of Alaska.
The New Year starts with hope in Alaska’s oil industry as prices continue to inch toward $60 per barrel. But where prices will go is anyone’s guess.
State government and industry both hope OPEC’s deal to cut production by 1.4 million barrels daily has teeth and can keep prices on the recent upward trend.
Sen. Lisa Murkowski accused House leaders of forgoing negotiations on her overarching energy policy bill to begin holiday celebrations early.
Still steaming more than a week after it became clear her signature piece of legislation would die in the lame duck session of Congress, Murkowski said in a Dec. 16 interview that House Speaker Paul Ryan, R-Wisconsin, chose to adjourn the House Dec. 8 to attend a holiday party in New York rather than round up votes for final passage of the final House-Senate conference committee version of her Energy Policy Modernization Act.
Gov. Bill Walker called for continued budget cuts, more state wage freezes, fuel tax increases and again proposed using Permanent Fund income to shrink Alaska’s $3 billion-plus annual deficit in his 2018 fiscal year budget package released Dec. 15.
The administration’s $4.21 billion fiscal 2018 operating budget plan would modestly cut unrestricted General Fund, or UGF, spending by $47 million over the current, 2017 fiscal year budget.
Alaska’s money managers are off to a solid start in the first months of the state fiscal year.
The Alaska Permanent Fund Corp. announced Monday that it earned a 3.86 percent return, or $2 billion, in the first quarter of the 2017 fiscal year on its namesake fund, which had a total balance of $54.8 billion on Sept. 30. Of that, $9.7 billion was in the Fund’s Earnings Reserve account.
The shakeup in state House control seemingly gave Gov. Bill Walker allies in leadership positions on fiscal issues, but the upcoming session will still be an uphill battle on the Alaska LNG Project.
Anchorage Democrat Reps. Andy Josephson and Geran Tarr will co-chair the House Resources Committee, the first stop for any oil and gas tax bills on their way through the legislative process.