Posted Friday, January 20, 2017 - 11:15 am
Just because Alaska’s economy has taken a few shots to the chin lately hasn’t changed the state’s long-term need for an increasingly skilled workforce.
Recognizing that, Calista Corp. and the Alaska Air Carriers Association have simultaneously been developing separate apprenticeship programs.
While the Air Carriers’ industry of focus is pretty self-explanatory, Calista’s efforts are geared toward one of Alaska’s oldest industries: the maritime trades.
Posted Wednesday, January 18, 2017 - 1:33 pm
A small federal office has quietly injected more than $2.1 billion into Alaska over the past eight years with almost no impact to the national debt.
The U.S. Department of Agriculture Office of Rural Development has done that through its 35 programs that help fund everything from water and sewer systems in the most remote villages in Alaska to startup businesses in every corner of the state.
Posted Monday, January 16, 2017 - 3:52 pm
The State of Alaska has taken the Obama administration to court one last time.
State attorneys filed a lawsuit against outgoing Department of the Interior Secretary Sally Jewell and U.S. Fish and Wildlife and National Park Service leaders Jan. 13, contending new regulations limiting predator control on federal wildlife refuge lands unlawfully step on state management authority.
Posted Monday, January 16, 2017 - 1:09 pm
Alaska’s congressional delegation is hoping the 13th time will be the lucky one for legislation to open the Arctic National Wildlife Refuge to oil and natural gas development.
That’s because — as he is quick to note — Rep. Don Young has successfully shepherded such bills through the House 12 times before, only to see them falter time and again before becoming law.
Only once has a bill opening ANWR reached a president’s desk, and it was vetoed by President Bill Clinton in 1996.
Posted Friday, January 13, 2017 - 10:30 am
ConocoPhillips has a new 300 million-barrel oil discovery in the federal National Petroleum Reserve-Alaska, the company’s Alaska President Joe Marushack said Friday morning.
The Willow discovery, as the company has dubbed it, is the result of two exploration wells drilled within the Greater Mooses Tooth Unit about 28 miles west of ConocoPhillips’ central Alpine field facilities last winter.
While still an early stage find, Willow could produce up to 100,000 barrels per day of light oil, according to Marushack.
Posted Thursday, January 12, 2017 - 10:58 am
The metal mines of Southeast Alaska had consistent and positive production in 2016, according to year-end results released by the operating companies.
Hecla Mining Co. reported Jan. 10 that its Greens Creek underground, primarily silver mine on Admiralty Island west of Juneau produced 9.3 million ounces of silver during the year, the highest production level since the company took full ownership of the mine in 2008.
Posted Wednesday, January 11, 2017 - 11:45 am
The State of Alaska and mining proponents are once again at odds with Bureau of Land Management; this time the dispute is over the agency’s updated plan to manage 6.5 million acres of federal lands in Eastern Alaska.
On Jan. 5 BLM released the decision documents to its Eastern Interior Resource Management Plan that would keep approximately 4.8 million federal acres off-limits to development, namely mining in the region known for gold production.
Posted Monday, January 09, 2017 - 11:08 am
Rejuvenating Alaska’s large vessel fishing fleet could be nearly an $11 billion boon for Outside shipyards, according to a new McDowell Group report.
The Alaska-based research firm pegged $11.3 billion as the cost to completely replace the 414 fishing and processing vessels longer than 58 feet that participate in North Pacific fisheries off the coast of Alaska in a study commissioned by the Port of Seattle and the Washington Maritime Federation.
Posted Friday, January 06, 2017 - 2:46 pm
A small clause in the nation’s most recent water resources and funding bill could breathe new life into plans for a large vessel port in Western Alaska.
The Water Infrastructure Improvements for the Nation Act, passed by Congress and signed by President Barack Obama shortly before the holidays, directs U.S. Army Corps of Engineers officials to add national security interests to the list of reasons why the country should possibly add to the limited maritime infrastructure around Nome.
Posted Thursday, January 05, 2017 - 1:19 pm
Alaska’s economy is going to get worse before it gets better, state economists predict.
The Alaska Department of Labor and Workforce Development is projecting the state will lose another 7,500 jobs this year after shedding about 6,800 in 2016. Job losses in the 7,500 range would be about 2.3 percent of the state’s workforce. The losses in 2016 were about 2 percent employment contraction.
The figures are found in the annual employment forecast released Thursday morning as part of the Labor Department’s monthly Alaska Economic Trends publication.
Posted Wednesday, January 04, 2017 - 3:34 pm
Pentex Alaska Natural Gas Co. is close to changing hands for the second time in less than two years in an effort to shepherd along the struggling Interior Energy Project.
The Fairbanks North Star Borough-owned Interior Gas Utility has a preliminary $58.2 million agreement in place with the Alaska Industrial Development and Export Authority to purchase the parent company to Fairbanks Natural Gas and holder of the Titan LNG plant on Point MacKenzie in Southcentral.
Posted Thursday, December 29, 2016 - 10:34 am
Like all members of Congress, Sen. Dan Sullivan has a long list of to-dos. Tops on that list right now is an issue he’s outwardly excited about tackling nearly as soon as the new Congress gavels in Jan. 3.
“The economy, the economy, the economy,” he said.
Posted Wednesday, December 28, 2016 - 11:58 am
2017 will start with hope in Alaska’s oil industry as prices continue to inch towards $60 per barrel. But come Jan. 2, where prices will go is anyone’s guess.
State government and industry both hope OPEC’s deal to cut production by 1.4 million barrels daily has teeth and can keep prices on the recent upward trend.
Posted Wednesday, December 28, 2016 - 11:54 am
There is good news and bad news when it comes to the State of Alaska’s closely monitored oil production forecasts.
A new method should mean more accurate forecasts; but future production estimates will likely be lower as a result, according to the state officials compiling the data.
The Department of Revenue used to farm out the semi-annual oil production forecasts published early each spring and late each fall to an outside consultant.
Posted Thursday, December 22, 2016 - 4:46 pm
The owners of the former Anchorage Legislative Information Office building took their $37 million contract claim against the state Legislative Council to court Dec. 20 after more than a year of wrangling over the Downtown office space.
716 West Fourth Avenue LLC filed the appeal to a Nov. 21 Legislative Council decision to deny the group’s claim in state Superior Court.
The court appeal rehashes many of the ways 716 contends Legislative Council chair Sen. Gary Stevens erred in his Oct. 6 initial denial of the contract claim, which was filed with Stevens in July.
Posted Thursday, December 22, 2016 - 12:25 pm
The State of Alaska and the Interior Department have found yet another reason not to exchange greetings cards this holiday season.
The Bureau of Land Management unveiled a plan Dec. 19 to overhaul its land survey methodology in Alaska, an effort agency leaders claim could save $60 million and expedite the transfer of millions of acres of land the feds still owe the state.
Posted Wednesday, December 21, 2016 - 3:58 pm
The State of Alaska is now halfway to officially leading the Alaska LNG Project after the Alaska Gasline Development Corp. board unanimously approved a resolution Wednesday afternoon authorizing the state corporation to take ownership of the $600 million worth of information gathered on the project to date.
Posted Wednesday, December 21, 2016 - 1:13 pm
Gov. Bill Walker’s administration prodded the big North Slope producers for much of the year to provide the state more information about their plans to sell natural gas into a gas export project.
The state Division of Oil and Gas, starting in March, refused to approve BP’s Prudhoe Bay 2017 Plan of Development until the producers shared what they had done, and planned to do, to market natural gas from the iconic North Slope oil field.
Posted Tuesday, December 20, 2016 - 11:10 am
After a brief timeout in 2015 for monetary considerations, progress is being made on both ends towards development of the metal-rich Ambler mining district.
Trilogy Metals Inc., formerly NovaCopper Inc., is in the midst of evaluating the results from its $5.5 million 2016 summer drilling program at its Northwest Alaska prospect.
While any drilling that contacts the metal veins helps further define the resource base, Trilogy Metals CEO Rick Van Nieuwenhuyse said in an interview that the recent work focused on gathering pre-permitting environmental and engineering data.
Posted Monday, December 19, 2016 - 3:50 pm
Sen. Lisa Murkowski accused House leaders of forgoing negotiations on her overarching energy policy bill to begin holiday celebrations early.
Still steaming more than a week after it became clear her signature piece of legislation would die in the lame duck session of Congress, Murkowski said in a Dec. 16 interview that House Speaker Paul Ryan, R-Wisconsin, chose to adjourn the House Dec. 8 to attend a holiday party in New York rather than round up votes for final passage of the final House-Senate conference committee version of her Energy Policy Modernization Act.