Archive of: Featured Articles, Oil & Gas, Oil & Gas Articles

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March Issue 3 2013

Alaska Senate poised to begin debate on oil taxes 


The long-awaited debate on the dominant issue this legislative session — overhauling Alaska's oil tax structure — could finally begin on the Senate floor Wednesday, with majority leaders indicating they have the votes to pass the bill.

March Issue 3 2013

All eyes on Senate ahead of expected oil tax vote

Both sides are ratcheting up the rhetoric on oil taxes ahead of this week's expected vote in the Alaska Senate.

March Issue 3 2013

Tow arrives to take damaged Shell barge to Asia

A ship that will transport a damaged Royal Dutch Shell Arctic drilling barge has arrived in the Alaska port of Dutch Harbor.

March Issue 3 2013

Report says Shell unprepared for Arctic drilling

Shell was not fully prepared when it launched its trouble-plagued Arctic offshore drilling program last year, and the oil company also fell short in overseeing key contractors in the effort, according to a federal report released Thursday.

March Issue 3 2013

Natural gas jumps almost 3 pct., oil up slightly

Natural gas rose 3 percent, to the highest level since November, as the government said supplies of the fuel are nearly 20 percent below year-ago levels.

March Issue 3 2013

Senate passes bill for LNG trucking project

The Senate has passed legislation meant to help advance efforts to bring gas to parts of Interior Alaska.

Senate committee works over its version of oil tax revamp March Issue 3 2013

Senate committee works over its version of oil tax revamp

A new version of a bill revamping the state’s oil production tax developed by the Senate Finance Committee in Juneau seems to hit the main targets of reducing the state tax on all oil to a range competitive with other producing regions, providing special incentives for new oil, and simplifying the tax, members of the committee say.

March Issue 3 2013

$355M plan for LNG trucking to Interior moves ahead

Whether liquefied natural gas will be trucked from the North Slope to the Interior within the next couple of years should be a lot clearer within the next month.

March Issue 3 2013

Doyon plans second Nenana Basin test well

Doyon Ltd. will drill a second exploration well this summer in the Nenana Basin west of Fairbanks in Alaska’s Interior.

March Issue 3 2013

Legislature must OK new Flint Hills royalty oil contract

The state Division of Oil and Gas has negotiated a new five-year contract to sell 30,000 barrels per day of state-owned royalty oil to Flint Hill Resources for the company’s refinery at North Pole, near Fairbanks.