oil and gas

The Alaska State Capitol. (Michael Penn | Juneau Empire File)

Debt doubt: Legal argument may threaten state’s ability to borrow money

It’s a situation like a homeowner who opens a wall during renovations and unexpectedly finds termites. A legal dispute between attorneys could make billions of… Continue reading

The Alaska State Capitol. (Michael Penn | Juneau Empire File)
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State may borrow $1 billion to pay oil debt

The Alaska Legislature is considering a proposal to borrow up to $1 billion from global markets to cover a debt it owes to oil and… Continue reading

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In this Dec. 19, 2017 photo, Sen. Lisa Murkowski, R-Alaska, speaks about oil drilling in the Arctic National Wildlife Refuge during debates about the GOP tax cut on the floor of the U.S. Senate. (C-SPAN)

State asks Legislature for $10 million to survey ANWR for oil

The administration of Gov. Bill Walker is asking the Alaska Legislature for permission to spend $10 million on seismic surveying in the coastal plain of… Continue reading

In this Dec. 19, 2017 photo, Sen. Lisa Murkowski, R-Alaska, speaks about oil drilling in the Arctic National Wildlife Refuge during debates about the GOP tax cut on the floor of the U.S. Senate. (C-SPAN)
In this Oct. 17, 2017 photo provided by the Bureau of Safety and Environmental Enforcement, oil production equipment appears on Spy Island, an artificial island in state waters of Alaska’s Beaufort Sea. The Trump administration on Thursday, Jan. 4, 2018 moved to vastly expand offshore drilling from the Atlantic to the Arctic oceans with a plan that would open up federal waters off the Pacific coast for the first time in more than three decades. Alaska’s Beaufort Sea is one of those areas. (Guy Hayes | Bureau of Safety and Environmental Enforcement)

Drill, maybe drill: Federal government considers offshore oil drilling in Southeast

The Trump Administration has released a draft plan calling for oil and gas lease sales across Alaska’s coasts, including in Southeast waters. The proposal, published… Continue reading

In this Oct. 17, 2017 photo provided by the Bureau of Safety and Environmental Enforcement, oil production equipment appears on Spy Island, an artificial island in state waters of Alaska’s Beaufort Sea. The Trump administration on Thursday, Jan. 4, 2018 moved to vastly expand offshore drilling from the Atlantic to the Arctic oceans with a plan that would open up federal waters off the Pacific coast for the first time in more than three decades. Alaska’s Beaufort Sea is one of those areas. (Guy Hayes | Bureau of Safety and Environmental Enforcement)

Trans-Alaska Pipeline System shipped more oil in 2017, Alyeska says

The Trans-Alaska Pipeline System transported more oil in 2017 than it did in 2016, marking the second consecutive year of increased oil production from the… Continue reading

Gov. Walker reveals details of Chinese gas pipeline deal

Gov. Bill Walker on Tuesday released the details of a multibillion-dollar agreement signed between Alaska and China earlier this month and promised reporters at a… Continue reading

Driller announces huge new oil find on the North Slope

A huge new oil find on the North Slope could send as much as 120,000 new barrels of oil per day through the trans-Alaska Pipeline… Continue reading