What happens when a mining company goes looking for gold? Here’s a behind-the-scenes look at one of British Columbia’s most controversial transboundary mines.
Energy & Mining
Alaska port town reacts to Shell’s Arctic exit
Unalaska officials said the move won’t hit the city’s budget too hard. But local companies doing business with Shell are scrambling to figure out what it will mean for them.
Reactions to Shell’s decision range from remorse to relief
With a majority of state revenue coming from oil, Alaska has been hit hard not only by plummeting oil prices but by declining production.
Arctic Energy Summit focuses on both fossil fuels and renewables
The meeting, which last happened in 2013 in Iceland, has drawn representatives from countries including Canada, Russia, Iceland, Finland, and Norway.
Utility says natural gas could lower Juneau home heating bills by 1/3
“Five to $15 million savings annually on heating. Indirect job creation of 60 to 180 new jobs, and the job creation during the construction phase would be 90 construction jobs (in) year one,” said Avista senior business analyst Jeff Smith.
Sen. McGuire won’t seek re-election in 2016
McGuire likely surprised attendees at the Arctic Energy Summit in Fairbanks when she announced she would not seek re-election next year.
Shell to abandon Arctic offshore drilling ‘for the foreseeable future’
The announcement came as the company reported disappointing results at its exploratory well in the Chukchi Sea.
Gov. Walker’s natural gas reserves tax gets cool reception
When Gov. Bill Walker called for the special session on Thursday, it came with a surprise – a proposed tax on the natural gas reserves held by the very companies the state is trying to partner with.
Update: Gov. Walker calls special session on new gas tax, pipeline buyout
Walker wants the legislature to consider a tax targeting undeveloped natural gas still in the ground, and buying out Canadian pipeline builder TransCanada’s ownership stake in a proposed natural gas pipeline.
Cook Inlet companies defend oil and gas tax credits
As Alaska continues to grapple with a major budget shortfall, one line item promises to be particularly controversial: tax credits for oil and gas producers.