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Archive » This Week's News

Interior Energy Project remains in limbo

​Self-imposed deadlines have come and gone and the future of the Interior Energy Project is in doubt. Project team members from the Alaska Industrial Development and Export Authority and its partner firm MWH Global Inc. were unable to present the AIDEA board of directors with a financial package to move the energy plan forward at its Dec. 16 meeting.

Walker: Alaska will weather fiscal storm

Gov. Bill Walker is reaching out to community and business leaders to help guide him through some tough times with the state budget. In a speech to the Anchorage Chamber of Commerce Dec. 15, Walker’s first address to a major business group since taking office Dec. 1, the governor promised to be honest and “blunt” about the state’s deteriorated fiscal position.

Most ferry rates going up; day boat work gets underway

The cost of your favorite state ferry trip is likely going up. Fares for most Alaska Marine Highway System routes will increase 4.5 percent Jan. 1 or shortly thereafter, deputy state Transportation Department commissioner Reuben Yost said during a Dec. 12 Marine Transportation Advisory Board meeting.

Emergency halibut action fails on tie with Dersham absent

With one council member absent, an emergency action proposal to reduce Bering Sea halibut bycatch limits for 2015 failed on a tie vote by the North Pacific Fishery Management Council Dec. 13. The failed motion, introduced by council member Duncan Fields of Kodiak, would have lowered the 2015 Bering Sea halibut bycatch limit by 33 percent from the current limit of more than 10 million pounds allocated between the pollock and bottom trawl fleets.

Miller Energy Resources closes on Badami deal

There’s a new operating company in the North Slope oil fields, but also one less. Tennessee-based independent Miller Energy Resources closed on its acquisition of Savant Alaska LLC and that company’s North Slope holdings Dec. 12, including a 67.5 percent interest in the small Badami oil field 35 miles east of Prudhoe Bay.
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