Refine Search

Agrium now included in refinery tax credit bill pending in Juneau

...grant Tesoro its extension to buy royalty oil. PetroStar Inc., which operates...language being added to the Tesoro royalty oil bill, which has been in the House...part of HB 287 that extends the royalty oil contract. "We don't oppose...
Parnell asks lawmakers to extend Tesoro contract

...Marketing Company for the sale of royalty oil.The bill proposes an extension of royalty oil supply negotiated between the state...000 and 15,000 barrels of its royalty oil per day to Tesoro, according to...
Tesoro to purchase royalty oil from state

...Legislature because the quantities of royalty oil being sold are below the threshold...the Legislature approved a larger royalty oil sale to Flint Hills Resources for...values for payment by refiners for royalty oil," Banks said.If both Tesoro...
Parnell defends actions on refinery closure

...editorial board that the price the state sets for refinery "royalty" oil is under review.U.S. Sen. Mark Begich has said...He also said his administration negotiated a lower royalty oil price in 2012.Flint Hills completed its purchase of...
Flint Hills closure puts fuel market in flux

...Alaska has been supplying Flint Hills with state-owned royalty oil. The returned residual oil is a major source of heat...documents prepared in September 2013 for sales of state royalty oil. The balance is returned to TAPS as residual oil.At...
Let's get real 'maximum benefit' from royalty oil

...conversation to the pricing of royalty oil. In 1979, Superior Court Judge...make maximum dollar on the sale of royalty oil within the state. In my opinion...refining in Alaska. In the case of royalty oil sales, the state maximizes the...
LIO schedule for March 3-7

Monday 1:00 p.m.The House Resources Committee will sponsor a public hearing to discuss HB 287 Approve Tesoro Royalty Oil Sale, SJR 15 Oppose International Designating of Land, Confirmation Hearings: Commissioner Joe Balash, Dept. of...
AOGCC keeps eye on safety, maximum recovery

...jointly-owned fields keep their full share of allocated production and that the State of Alaska gets its full share of state royalty oil, which is typically one-eighth or one-sixth of production depending on the lease.The Gulf of Mexico blowout changed...
Oil taxes on agenda as Legislature enters last scheduled weekend

...exclusion would be about 25 percent at $100 oil and about 30 percent at $120 oil. The effective tax rate for higher royalty oil that gets a 30 percent gross revenue exclusion would be about 11 percent at $100 oil and 14 percent at $120 oil...
Alaska needs to think for the future

...fees charged the oil producers and in the pricing of royalty oil. Interpreting the "maximum benefit" required in Alaska's...consequences. 2) Change the taxation of hydrocarbons and royalty oil. Get back to the basics. Maximum benefit should mean...


  • 150 Trading Bay Rd, Kenai, AK 99611
  • Switchboard: 907-283-7551
  • Circulation and Delivery: 907-283-3584
  • Newsroom Fax: 907-283-3299
  • Business Fax: 907-283-3299
  • Accounts Receivable: 907-335-1257
  • View the Staff Directory
  • or Send feedback