Walker said he’s optimistic that Saturday’s agreement on oil and gas taxes means lawmakers can reach agreement on other issues.
Energy & Mining
BP leak investigation led to shutdown of 5 more wells
BP was forced to plug five at-risk wells on the North Slope after investigating an oil leak that happened this April.
Special session ends with compromise on oil and gas tax credits
The Senate voted to return for a third special session, but the House didn’t take a similar vote on Saturday. Lawmakers have yet to pass a capital budget.
With hedging statements, Alaska lawmakers say they’re close on oil and gas compromise
Anchorage Republican Sen. Cathy Giessel said, “I believe we have come to an agreement. We’re still working out details, but I feel very optimistic.”
Special session nears end without public progress on oil taxes
Senators want to allow companies to use losses to reduce the taxes they’ll have to pay in the future.
Facing global gas glut, ConocoPhillips to mothball Kenai LNG plant
ConocoPhillips hasn’t found a buyer for its liquefied natural gas plant on the Kenai Peninsula. Now, a company spokesperson said it’s going to save expenses by mothballing the facility this fall.