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One short-selling financial firm says the Donlin Gold mine is too expensive to build
The firm acknowledges that it would benefit from the a decline in Donlin's stock, but others agree that the cost of building the mine is the biggest obstacle to its profitability.
B-52s arrive at Eielson to prepare pilots to intercept Russian aircraft
The three Cold War-era bombers arrived from an Air Force base in Louisiana.
ConocoPhillips to resume normal production in July in Alaska
ConocoPhillips plans to resume normal production operations on Alaska’s North Slope in July, a spokesperson said, after a reduction this month that the company attributed to low prices and a global oversupply of oil.
LISTEN: Is Alaska getting its “fair share” of oil revenue? Ballot measure one seeks to change how oil production is taxed.
Alaska’s economy is built on oil, and a measure going to the ballet box on November 3rd could have a huge impact on the future of oil in the state.
Your questions about the travel quarantine and testing for travelers, answered
The state health mandate that requires a 14-day quarantine for people who arrive from out-of-state is set to expire Friday. After that, visitors and Alaskans returning to the state will be asked to take a test within 72 hours of boarding an Alaska-bound flight.
Alyeska ends its cut to North Slope oil production as demand improves
Storage concerns had driven the company to cut oil flow down the trans-Alaska pipeline by as much as 15% earlier this month.
Trans-Alaska pipeline operator increases oil flow, demand creeps back
Demand for oil is starting to creep back as the economy reopens, and oil producers globally have made major cutbacks to production.
Coronavirus toll on Alaska oil industry grows by 300 as Doyon Drilling announces layoffs
Doyon Drilling, a subsidiary of the Interior Alaska Native regional corporation Doyon Ltd., said in a notice to the state that the layoffs are expected to be permanent “until the crisis is over and the industry recovers.”
ConocoPhillips to cut its Alaska oil production in half due to ‘unacceptably low’ prices
Conoco will cut oil production in Alaska by about 100,000 barrels per day for the month of June. That's about a fifth of the crude that typically flows down the trans-Alaska pipeline.
‘The first glance at what’s coming’: Oilfield service companies alert state of more than 250 layoffs
Across the country, companies that provide oilfield services and equipment are cutting jobs and bracing for bankruptcy as the pandemic launches the oil and gas industry into a tailspin.
Social distancing at a logging camp? An Alaska operator wants more resources
Logging companies in Ketchikan need workers from the Lower 48, but options for testing for the corornavirus are limited in the small community.
Alyeska imposes 10% cut to North Slope production as COVID-19 hammers oil demand
The company that runs the trans-Alaska pipeline announced a 10% cut to North Slope oil production Friday, amid a global oversupply of crude caused...
Oil prices fell to a historic low Monday. Here’s what that means for Alaska.
While crude prices have continued to plummet in recent weeks, and oil companies have announced spending cuts, Monday’s price meltdown was particularly staggering.
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.
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.
Industry trade groups sue backers of Alaska oil tax initiative, argue signatures invalid
The industry groups claim that some signature gatherers were paid more than $1 per signature, in violation of state law. But supporters of the initiative ardently deny the allegations, calling them baseless.
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.
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.
Togiak’s herring buyer says floating processor will have “zero impact” on community
Icicle Seafoods says its floating processor will ensure that crew don't interact in the community and inadvertently spread the coronavirus.
Testing ramps up in rural Alaska, but is it enough?
Ravn Air's bankruptcy and travel restrictions are among the challenges health workers face in getting tests done in rural communities.