Refine Search

Despite lingering questions, Alaska LNG project progresses for the terminus of a massive energy project. On Thursday, Alaska LNG, a group with representatives from the state, oil companies and pipeline builders, flew several reporters to Nikiski where the group has been purchasing land and conducting...
Cook Inlet oil production up 25 percent

...reduced rate of 10 percent to the normal 12.5 percent on the two platforms. The full royalty is 12.5 percent on most state oil and gas leases.The combination of increased production and higher royalties being paid have increased Alaska's royalty...
North Slope crude prices down since July

...largely forgotten about oil prices, the other side of the state oil revenue equation.The news is not good, at least for...primary, than they would have been under the previous state oil tax, known as ACES."We are much better protected under...
Lease sale nets $5.2 million

...Inlet sale, 152 state-owned oil and gas tracts were offered, with 35 sold for about $5.2 million in high bids, state Oil and Gas Division Director Bill Barron said. All bids were from independent companies. No major companies submitted bids...
Group wants to export crude oil using Skagway's port

...export crude oil to a refinery in Washington state. Northern Cross, an independent oil producer with backing from Chinese state oil company CNOOC, has been investigating the Eagle Plains area along the Dempster Highway north of Dawson City for almost...
TAPS owners take series of setbacks in court

...and 2013 are now before the Superior Court, with the parties actually reaching agreement on 2012.Jim Greeley, the state oil and gas property assessor, has set a $5.5 billion value for the pipeline for tax year 2014. Municipalities have already...
State must diversify economy or be bound to fossil fuel prices

...Ballot Measure 1 passes in August, it's a stipulated fact that the Prudhoe Bay oil patch - which provides the bulk of state oil and gas revenues - is a mature field. While Gov. Parnell's oil tax reforms may provide a meaningful incentive for...
State Democrats unveil another oil tax plan

...and royalty interest."There are (state) entities around the world that own a share of their oil industry (through state oil companies) and I have confidence that we have the ability to do this," said Sen. Bill Wielechowski, D-Anchorage...
Richard Kent Gunter

...and Farmerville, La.Richard and his wife, Donna were transferred to Nikiski in 1976 where Richard worked for Tri-State Oil Tools and they opened G&G Machine Shop, Inc. in 1986. His expertise, craftsmanship and quality of work will be missed...

...hold steady at $53 billion, Burden said. The main factor holding GSP at the 2012 level is the continued decline in state oil production and a steady oil price forecast, he said. A year ago Burden predicted 2012 GSP low at $51 billion.Nationally...


  • 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