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Gov: Unsustainable for tax breaks to exceed oil tax revenue

JUNEAU - The state is expected to pay about $100 million more in tax credits to oil and gas producers than it receives in production taxes this year amid low oil prices, Gov. Bill Walker said. In an opinion piece published in...
Point Thompson shows resource past, future

...sought.Point Thomson, though, is also representative of the state's resource future due to its abundant natural gas. Producers say the field will be the cornerstone of the Alaska LNG pipeline currently under study by the state and a group including...
What others say: Energy policy impacts global relations

...We're already seeing the downside of recent lower oil prices in Oklahoma. Many of the publicly traded Oklahoma oil and gas producers saw their share prices drop in the third quarter, by as much as 40 percent.This bad news should be tempered by the...
LNG consortium files application for export license

...through the state-owned Alaska Gasline Development Corp. The project agreement is structured so that the three major gas producers, BP, ExxonMobil, ConocoPhillips as well as TransCanada, a pipeline company, would own the large North Slope gas...
Lease sale nets $5.2 million

...ranged mostly from $26 to $50 per acre but with an $86-per-acre bid on one tract.Hilcorp is the major oil and gas producer in the Inlet, having acquired Chevron Corp. and Marathon Oil Co. properties in 2012 and 2013. Apache is engaged...
What others say: Production not a priority for Obama administration

...those now in it, most likely - should champion if the U.S. is to further strengthen its status as a leading oil and gas producer.The Keystone announcement, meanwhile, brought a cascade of criticism, especially from the U.S. Senate, where...
Buccaneer CEO suspended

...Buccaneer said the actions are not expected to have an immediate impact on Alaska operations - Buccaneer is now a natural gas producer at its small Kenai Loop field on the Kenai Peninsula - but since Burton is a key architect of the company's strategic...
EDD Industry Outlook Forum declares "Kenai Peninsula-Opportunities Abound"

...making no definite announcements Agrium's Vice President Andy Kelemen said they are in negotiations with natural gas producers in the Inlet and were evaluating reopening at least one of their Nikiski production facilities. Saying there would...
Buccaneer spuds first well at Cosmo site

...will then be perforated and flow tested. "If successfully tested, the well will be temporary abandoned as a future gas producer." Buccaneer had intended the rig to stay in Homer only a few days after it arrived in Cook Inlet in August 2012...
Japanese company inks deals in pursuit of natural gas

...They include two Alaska Native regional corporations, an Alaska telecommunications company and Cook Inlet natural gas producers, according to Mary Ann Pease, a vice president with Resources Energy Inc.Agreements have also been signed, which...


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