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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

Lawmakers hear Alaska LNG faces “significant economic headwinds”

As natural gas prices following oil in an extended plunge, lawmakers heard a series of updates on the Alaska LNG project -- and tension between the Walker administration and the state's three oil company partners once again spilled into the open. Download Audio

Alaska governor lays out expectations for gas line progress

Gov. Bill Walker says he wants the state and the North Slope's major producers to reach agreement on key contracts and issues related to a major gas project before the end of the current legislative session

Alaska job forecast holds steady despite plunging oil prices

As oil prices have dropped to levels that were unthinkable just a year ago, many Alaskans are wondering whether the state is facing economic calamity. The short answer is: not yet. We spoke with state labor economist Neal Fried, to ask how it's possible that at $30 dollars a barrel, Alaska is still doing pretty well. Download Audio

Walker comfortable with Exxon statements on gas availability

Gov. Bill Walker says he's comfortable with statements made by Exxon Mobil Corp. that gas would be made available to a pipeline project the state is pursuing if the company was no longer involved in it.

Alaska News Nightly: Monday, Dec. 28, 2015

Bacterial infection to blame in Kachemak otter die-off; With gov's support, Bethel to be seat of new scout battalion; Conoco withdraws from Russian Arctic; Colorado guide charged with game waste violations; Alaska's pot cafes to give patrons a taste of cannabis; Governor may release video of St. Michael man who died in prison; Anchorage Chamber announces 2016 legislative priorities; High winds close Whittier tunnel; More high wind on horizon in Turnagain Arm; High winds imperil travel along Richardson, Parks Hwys; Strong El Nino, 'Blob effect' may mean more winter precipitation; After 15 years of closure, Rampart school seeks teacher Download Audio

Conoco withdraws from Russian Arctic

American oil titan ConocoPhillips has sold its 50 percent stake in the Polar Lights drilling project in the Russian Arctic, according to Russian news media. The sale marks Conoco's complete exit from Russia. Download Audio

Amid plunging gas prices, how competitive is Alaska LNG?

This month, the state committed to another year of work on the Alaska LNG project, the effort to bring natural gas from the North Slope to the Kenai Peninsula for export. But with natural gas prices plunging alongside oil, APRN's Rachel Waldholz asks: should Alaska be worried? Download Audio