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    NEW YORK (AP) — Two American oil giants lost more than $9 billion in the second quarter as the pandemic kept households on lockdown, cutting a gaping hole into a once-thriving business as the need for oil diminished around the world.

    ExxonMobil lost $1.1 billion in the second quarter,... Read More

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    Quintillion Inc. hired Gen. (Ret.) Charles H. Jacoby Jr. as a senior strategic advisor. With more than 36 years of experience leading military, governmental, and international institutions, Jacoby provides expertise as Quintillion continues to utilize and expand its... Read More

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    It’s “back to basics” for a Cook Inlet gas producer pulled out of bankruptcy earlier this summer.

    Longtime Alaska oil and gas industry player John Hendrix officially took over Furie Operating Alaska LLC July 1, which all but wrapped up a complex Chapter 11 bankruptcy process that lasted... Read More

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    It’s “back to basics” for a Cook Inlet gas producer pulled out of bankruptcy earlier this summer.

    Longtime Alaska oil and gas industry player John Hendrix officially took over Furie Operating Alaska LLC July 1, which all but wrapped up a complex Chapter 11 bankruptcy process that lasted... Read More

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    It got little attention from the mainstream media but seafood netted some historic firsts in the nation’s new dietary guidelines.

    The Dietary Guidelines Advisory Committee submitted a report in July to the secretaries of Agriculture and Health and Human Services that recommends what... Read More

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    In the middle of two ongoing disasters — the coronavirus pandemic and extremely poor salmon runs in many regions of the state — some fishermen may finally see some money to help with disasters from 2018.

    The Alaska Department of Fish and Game is looking for comments on its draft... Read More

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    Every lieutenant governor of Alaska I’ve known takes his or her role overseeing elections very seriously. Impartial, crystal-clear election rules are vital to our democracy.

    We should not be bamboozled by a proposal — set for the November ballot — that would deny political parties the... Read More

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    Without comment, the Federal Energy Regulatory Commission on July 22 declined to take up two requests that it reconsider its June 6 approval of the state-sponsored Alaska LNG project.

    Under federal law, such requests for rehearing are deemed denied if FERC declines to act on the motion... Read More

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    Additional small businesses will be eligible for more than $155 million in pandemic aid from the State of Alaska Aug. 6 following wholesale changes to the AK CARES grant program, but whether or not the revisions will result in distribution of funds remains to be seen.

    Department of... Read More

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    North Slope oil production in July was stronger than it has been in years and while it’s a long ways from the “glory days” of Alaska’s oil era, every little bit helps with state budget experts forecasting a nearly $1 billion deficit this year.

    The final North Slope production average of... Read More