ConocoPhillips cuts spending in Alaska by another $200M as oil prices sink
ConocoPhillips said Thursday that it will cut capital spending in Alaska by another $200 million as demand plummets and oil prices tumble to an 18-year low. That’s on top of a $200 million reduction the oil giant announced last month.
Some conservatives are pushing to reopen Alaska’s economy. But elected officials, doctors and economists urge caution.
There's building pressure to reopen the economy from political conservatives at both the state and national level. But elected officials and experts describe Alaska's low case count as hard-won and tenuous, and they say that resuming economic activity will have to proceed slowly and carefully.
Tribes want to exclude Alaska Native Corporations from $8 billion coronavirus fund
Alaska’s Congressional delegation says the CARES Act allows ANCs to obtain some of the money, too.
Fishing towns object to Alaska’s mandate overruling local COVID-19 restrictions
Fishing towns are asking for more say in regulating who is allowed into their communities during the coronavirus pandemic.
Anchorage emergency declaration extended to June, some measures to relax in coming weeks
The move allows the administration to keep using special powers to more swiftly respond to the coronavirus, but does not mean that all of the current “hunker down” orders will remain in place that long.
Alaska is exempting some businesses from health mandates. But it’s keeping their plans secret for now.
More than 700 companies want exemptions to a public health mandate from Alaska Gov. Mike Dunleavy that quarantined employees coming from out of state work from home for two weeks. But the state has so far refused to release companies' plans publicly, even as municipal leaders press for access.
Alaska COVID-19 update: A ninth death, eight new cases and 13 more recoveries
By the end of the day Monday, a total of 285 Alaskans had been diagnosed with COVID-19, and 98 had recovered from the disease.
Alaska rolls out plan to use hotels, dorms to quarantine health care workers and homeless families
The new mandate gives the state access to federal funding to help pay for the temporary housing if it's needed.
Cruise lines are taking bookings for an Alaska cruise season that might not even happen
Skagway Mayor Andrew Cremata said he was surprised to learn that Carnival Cruise Line is offering a seven-day cruise through his town in early July, but it's not clear whether that trip is even happening.
Some Anchorage hotels are transforming from tourist havens to quarantine sites
Other hotels have decided to close, and many have laid off a bulk of their employees.
BP’s sale of its Alaska business is in jeopardy, The Wall Street Journal reports
Banks have balked at financing the $5.6 billion deal, the newspaper reported on Thursday.
Ravn is $90 million in debt and could be forced to shut down for good, court docs say
RavnAir Group may have obtained a $12 million loan that leaves “some hope that there may still be a rescue,” a company attorney says. But without further relief, he added, the loan will merely give Ravn a “brief runway” to prepare for an “orderly liquidation.”
In Bristol Bay a rising concern among tribes that fish processors’ quarantine plans aren’t enough
Naknek Native Village Council joined in Dillingham's call for cancelling the 2020 Bristol Bay fishing season.
Dunleavy orders Alaska schools closed for the remainder of school, extends travel restrictions
Schools will remain closed through the end of the school year, though teachers will continue to provide distance learning, the governor announced.
5 things to know about business Paycheck Protection Program loans
Many Alaska businesses on the edge of survival are looking to the new Paycheck Protection Program for a life line. A lot is in flux, but here are five things to know.
Why does a barrel of Alaska oil cost less than a pizza?
Economists at the state’s Department of Revenue were working to identify what drove the price down and what they could expect going forward.
Alaska’s request for medical supplies from the feds fell short, now it’s on the hunt for more as COVID-19 cases grow
Meanwhile, the number of Alaskans diagnosed with COVID-19 cases continues to steadily grow, and a seventh Alaskan has died.
New unemployment benefits are here, but laid-off workers are having trouble getting applications processed
Workers have reported weeks-long delays in getting unemployment insurance claims processed, but state officials say they've been working overtime to process the record number of applications.
ConocoPhillips shuts down North Slope drilling over coronavirus concerns
The impacts of the coronavirus continue to reverberate across Alaska, including its oil fields.
PHOTOS: A quiet Anchorage in the time of social distancing
Parks are cordoned off, essential workers wear personal protective gear, and the streets are quiet as Anchorage adjusts to the recent social distancing and hunker down orders due to the coronavirus.