Energy

All Alaska energy news, including mining, oil and gas, green energy. (These stories are also categorized as “economy”.)

Interior Energy Project loses GVEA business to Petro Star

Golden Valley Electric Association is favoring oil over natural gas to fuel large generators in North Pole. The move reduces the utility's role as an anchor tenant for the state-backed Interior Energy Project. Download Audio

Shell seeks to extend drilling rights off Alaska

The company filed an appeal on Tuesday, asking the federal government to reconsider extending its drilling rights in the Chukchi and Beaufort Seas, which are set to expire by 2020. Download Audio

IEP tests LNG tanker for safety on Alaska roads

A liquefied natural gas tanker truck is being tested for possible future use by the Interior Energy Project. Download Audio

Hilcorp plans gravel island to extract Arctic offshore oil

Arctic offshore drilling by Royal Dutch Shell PLC drew protests on two continents this year, but a more modest proposal for extracting petroleum where polar bears roam has moved forward with much less attention.

For Alaskans in Paris, climate talks hit home

Alaskans were among the thousands of people who gathered in Paris over the last two weeks for international climate change talks. APRN spoke with several about why they made the trip. Download Audio

Two Interior Energy Project proposals under consideration

The Interior Energy Project remains focused on getting natural gas to the region at long targeted price point. IEP team leader Bob Shefchik says proposals being considered from 2 vying project partners would provide gas to customers at a price equivalent to 2 dollar heating oil.

Gov calls for permanent fund overhaul, income tax, cuts to PFD

Gov. Bill Walker released his plan for dealing with the state's mammoth budget deficit. It includes Alaska's first income tax since 1980, and a complete overhaul of the permanent fund -- effectively cutting PFD checks in half next year. Download Audio

Gov’s budget plan adds income tax, reduces PFD

Gov. Bill Walker released his battle plan today for dealing with the state's behemoth budget deficit. It includes Alaska's first income tax since 1980, and a complete overhaul of how the state uses the permanent fund -- effectively cutting PFD checks in half next year.

BOEM staffers say rush for Arctic study undermined their work

When Shell announced it was giving up on its leases in the Arctic Ocean, it blamed, in part, the challenging regulatory climate. But an inspector general’s report released today says many of the government regulators who worked the Arctic lease case felt they were too rushed to provide a rigorous review. Download Audio

Tanacross hydropower project nets $500K federal grant

A small hydropower project near Tanacross is one step closer to fruition after receiving a half-million dollar federal grant. Download Audio

Tesoro’s Flint Hills acquisition expected to streamline petroleum distribution

Tesoro’s pending acquisition of Flint Hill’s fuel distribution and marketing operations in Fairbanks, North Pole and Anchorage, will streamline the transportation of refined petroleum products from Southcentral to the Interior. Download Audio
This illustration shows what a liquefaction plant could look like. (Source: Alaska LNG)

State and oil companies OK another year of LNG pursuit

The state and its three oil company partners - ExxonMobil, BP and ConocoPhillips -- voted unanimously late Thursday afternoon to continue work on the project, which aims to bring natural gas from the North Slope to the Kenai Peninsula for export. Download Audio

Murkowski declares ANWR wilderness bill ‘dead on arrival’

A pair of Democratic senators have introduced a bill to designate parts of the Arctic National Wildlife Refuge as a permanent wilderness area, prompting outrage from Alaska Senators Dan Sullivan and Lisa Murkowski.

Report recommends limited changes to oil tax credits

The state paid out more than half a billion dollars in refundable tax credits this past year -- and gave up another half a billion in credits deducted from companies' tax liabilities. Download Audio

Kotzebue city council member speaks at Paris climate talks

Maija Katak Lukin made it to Paris after two days of travel and 17 hours of air time. The Kotzebue city council member spoke at a State Department panel Tuesday morning moderated by Interior Secretary Sally Jewell.

Company eyeing new Cook Inlet oil defends tax credit program

A small company working to develop Cook Inlet's first new oil pool in years is urging policymakers to use restraint when considering changes to the state's controversial oil-tax credit program.

New rules may help small energy projects sell to the grid

New rules could make it possible to develop more alternative energy in Alaska, by making it easier for independent projects to sell their power to the grid. Download Audio

Feds say TAPS owners can’t raise rates to pay for over-budget upgrades

A federal commission says the oil companies that own the trans-Alaska pipeline can’t raise rates to cover cost overruns for an upgrade that went horribly over-budget.

State buys out TransCanada’s interest in gas project

The state of Alaska has completed its acquisition of TransCanada Corp.'s interest in a major gas project. Gov. Bill Walker, in a release, called it an historic day.

Tesoro to buy Flint Hills assets in Anchorage, Fairbanks

Tesoro Corp. has announced that its Alaska affiliate will purchase a portion of Flint Hills Resources assets in Fairbanks and Anchorage.