Archive of: Oil & Gas Articles

Issue

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‘Back to business’ as CH2M Hill calls off Alaska unit sale February Issue 3 2015

‘Back to business’ as CH2M Hill calls off Alaska unit sale

Senior managers of CH2M Hill were in Alaska Feb. 4 meeting with the company’s employees. Their message: The company’s oil and gas business is no longer for sale and it’s business as usual.

February Issue 3 2015

State pitches budget plans to rating agencies

JUNEAU — Gov. Bill Walker and top state revenue officials were in New York Feb. 2 and 3, pitching Wall Street that Alaska is still a good financial bet even with a huge hole blown in state revenues by the plunge in oil prices. Walker and the state team met with credit rating agencies Standard & Poor’s, Moody’s Investor Services and Fitch Ratings, hoping to persuade the institutions not to downgrade Alaska’s Triple-A credit rating on bonds.

Great Bear spuds well south of Prudhoe Bay February Issue 3 2015

Great Bear spuds well south of Prudhoe Bay

Reaction mixed on proposed AIDEA purchase February Issue 2 2015

Reaction mixed on proposed AIDEA purchase

The Interior Energy Project has taken a “180,” just when it looked like everyone involved would have a chance to catch their breath. The Alaska Industrial Development and Export Authority announced its intent to purchase Fairbanks Natural Gas for $52.5 million Jan. 28 along with its sister companies under Pentex Alaska Natural Gas Co.

February Issue 2 2015

ConocoPhillips delays GMT-1 amid BLM talks