The bills would decrease the unemployment insurance tax rate paid by businesses and change regulations on professional licenses, timber sales and geothermal development.
Energy & Mining
An Anchorage attorney made a fortune fighting Big Oil in Alaska court. Now he’s funding the campaign to raise their taxes.
The initiative targets some of Alaska’s oldest and largest oil fields, and it would levy what Robin Brena’s side estimates as an additional $1 billion in taxes on the state’s biggest producers: BP, ConocoPhillips and ExxonMobil.
Agency overseeing BP-Hilcorp deal will hold public hearing, denying companies’ request
The Regulatory Commission of Alaska, which is overseeing Hilcorp’s purchase of BP’s stake in the trans-Alaska pipeline, plans to hold a six-hour public hearing on the deal in February, denying a request by the companies to approve the transaction without one. The commission announced the hearing Jan. 17, saying it had received public comments both…
The prospect of a $12B natural gas terminal in Southeast Alaska draws skepticism
Community members might not be amenable to a new facility that would attract massive gas tankers to Southeast Alaska.
Alaska oil tax initiative has enough signatures for ballot, its supporters say
The ballot initiative would raise the minimum tax and eliminate oil tax credits for Alaska’s largest legacy fields. It would also require oil companies to publicly report their revenues and costs from those fields.
Despite conflict with Iran, Alaska oil prices are mostly unchanged. Here’s why.
Analysts say tension in the Middle East doesn’t impact oil prices the way it used to. But that could change.
Federal judge rejects North Slope tribe’s challenge to Conoco drilling program
A judge ruled that an environmental review of ConocoPhillips’ exploration work did not violate federal conservation laws, as the Nuiqsut tribal government and environmental groups alleged.
Donlin Gold receives more state permits, moving closer to operating mine in Y-K Delta
The permits will allow Donlin Gold to build an airstrip and a port, and install fiber optic cables and build access roads for its mine, which could be one of the biggest in the world if completed.
Opening the Arctic Refuge brought Alaska’s largest Native corporation $22.5M from BP and Chevron
Arctic Slope Regional Corp. has long been one of the most aggressive advocates for opening ANWR to oil development.
Polar bear protections delayed oil exploration in the Arctic Refuge. A new study could help.
By using heat-sensing cameras to detect dens, and accepting strict limits on when to survey, impacts could be dramatically reduced.