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Setnet ban initiative OK’d, state considers appeal

Voters could be asked to decide whether to ban setnets in certain parts of Alaska under a court decision issued July 23.

BOEM aims for new Chukchi report by October

The U.S. Bureau of Offshore Energy Management has developed a revised exploration and development scenario for Chukchi Sea oil and gas development that will be part of a new draft supplemental environmental impact statement, or SEIS, to be issued this fall.

Alaska Air reports another record quarter

At Alaska Air Group Inc. records are indeed made to be broken. Leaders of the parent to Alaska Airlines reported a record second quarter net income of $157 million.

Livengood owners focused on costs, optimizing production

International Tower Hills Ltd. is continuing its work on the large Livengood gold project about 70 miles north of Fairbanks. The focus now is on reducing costs and optimizing the production process.

Alaska LNG Project buying land, securing access

The Alaska LNG Project LLC has purchased 120.4 acres of from private landowners for a large liquefied natural gas plant at Nikiski, has an additional 97 acres under contract for purchase and is also working with the Kenai Peninsula Borough on conveyance of 29.9 areas of borough-owned lands.