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New AGDC president to make half million dollars a year

The Alaska Gasline Development Corp.'s new president, Keith Meyer, will make $550,000 per year, plus bonuses -- a salary that makes him the highest paid state employee. Download Audio

Repsol latest in string of oil companies to leave Chukchi Sea

In the seven months since Shell abandoned its quest to drill in the Arctic, at least four other companies have given up their leases in the region. Download Audio

39 years in the making, Exxon hopes Point Thomson is down payment on a gas line

When it's fully online, it'll send about 10,000 barrels a day of diesel-like oil down the trans-Alaska pipeline. But Exxon sees the field as a down payment on a much bigger prize: a North Slope gas line. Download Audio

Alaska News Nightly: Thursday, Apr. 21, 2016

36-year-old man found dead in Anchorage jail; lawmakers invite Walker to discuss budget, primarily Permanent Fund drawings; Trans-Alaska Pipeline up and running after tank fire the previous day; ConocoPhillips to add wells at CD5 site in Alpine Field; Emmonak public safety official arrested for pointing gun at residents; community organization prevents child neglect through social networks; UAF involved in new project in climate change and wildfire studies; “It Just Didn’t Work”: Legacy of botched project haunts port’s future; Haines bear mauling victim was attacked by brown bear; Egegik incinerator burns down Download Audio

ConocoPhillips to add wells at CD5 site in Alpine Field

Oil development is ramping up in the National Petroleum Reserve. ConocoPhillips Alaska Inc. says it's adding wells and other infrastructure at its CD5 site in the Alpine Field. Download Audio

Globalization in Your Wine Glass

Economist Mike Veseth is editor of The Wine Economist blog and author of more than a dozen books including best-selling Wine Wars (2011), Extreme Wine (2013) and Money, Taste & Wine: It’s Complicated! (2015). The Wine Economist was named 2015 “Best in the World” best wine blog by Gourmand International. DOWNLOAD AUDIO

Caelus Energy announces major cuts, sharply criticizes Walker oil tax bill

The North Slope oil producer announced Friday it will lay off 25 percent of its 80-person work force and suspend drilling at the Oooguruk oil field, potentially affecting hundreds more contractor jobs.

At low prices, North Slope production taxes could drop to zero

Many lawmakers say they never understood how the tax system would work at very low prices. But industry says this was always part of the deal. Download Audio

Study evaluates economic impact of ‘quiet recreation’ on BLM lands

Normally when we hear about the value of territory managed by the Bureau of Land Management, it's in the context of how the land can be used for oil and gas development, mineral extraction, or ranching. But, a recent study by an outside group takes a look at other economic benefits of the land. Download Audio

Alaska’s unusual oil tax credit system poses daunting budget challenge

The state's refundable credit program is unusual - and huge. In recent years, refundable credits have become the third-largest line item in the general fund budget. Download Audio

Plan to replace tanker escort in Prince William Sound raises concerns in Valdez

Alyeska Pipeline Service Co., which runs the Trans-Alaska Pipeline, is splitting with its longtime provider of oil spill prevention and response services in Prince William Sound. Download Audio

Walker: No Alaska LNG update before April

After announcing unspecified changes to the Alaska LNG natural gas project in February, Gov. Bill Walker had hoped to release more details in March. Download Audio

Critics call feds’ new ‘mitigation’ a coerced fee

Conoco had to pay $8 million in mitigation for a project in NPR-A. Sen. Lisa Murkowski calls the amount arbitrary, "throwing a dart at the board." Another Republican senator says it's a way for the feds to hold projects hostage.

Prudhoe Bay rig count to drop by more than half

BP has announced it will cut the number of drill rigs operating at Prudhoe Bay, from five to two, as a result of low oil prices.
Gov. Bill Walker at a press conference in the Capitol, Oct. 23, 2015. He announced that he was dropping a proposed natural gas reserves tax from the special session agenda. (Photo by Jeremy Hsieh/KTOO)

With negotiations delayed, Administration proposes $7M cut to gas line budget

State officials have put a number on how much they will trim from next year’s budget for marketing liquefied natural gas from the proposed pipeline: $7 million. That’s the cut Governor Bill Walker’s administration will make to its budget request. It reduces the number of companies marketing gas to customers in Asia from three to one.

Alaska News Nightly: Wednesday, Feb. 17, 2016

Oil companies, Walker explore pipeline options; BLM launches well initiative; Murkowski addresses Legislature; Walker adds role to Fish and Game; Homer police bust pot grower; Siberian Huskies have rich Alaska history; Quest mushers battle on Download Audio

Gov. Walker says changes are coming for LNG project

Changes are coming to state plans for the liquefied natural gas pipeline. But Governor Bill Walker and executives with the state’s three pipeline partners aren’t quite ready to say what those changes are. Download Audio

ConocoPhillips looks west, to the National Petroleum Reserve

Despite oil prices hovering around $30 a barrel, ConocoPhillips is plowing ahead with projects in the National Petroleum Reserve Alaska. The company invited Alaska journalists on a tour this week of CD5, its newest drill site -- the first to produce oil from the NPRA and, the company hopes, the gateway to more development. Download Audio

Alaska News Nightly: Thursday, Feb. 11, 2016

Obama slows pace of F35s; scientists find prevalence of algal toxins in the Arctic; Gara: don't let budget cuts fall too heavily on working class, poor; ConocoPhillips plows ahead in NPR-A; agreement expected soon on railroad right of way; Mt. Edgecumbe proud of tradition; Sass running strong in Yukon Quest. Download Audio

Anchorage to buy ConocoPhillips gas field for $152M

After months of closed door meetings, the city has worked out a deal to buy a section of the Beluga River Unit owned by ConcoPhillips since the 80s. Download Audio