Oil & Gas
RSSNorth Slope oil & gas operations: Willow, Pikka, Point Thomson, production economics, tax debates, pipeline politics (TAPS)
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Oil industry opposes gas pipeline tax bill over bundled oil tax increases
The Alaska Oil and Gas Association testified Friday against Senate Bill 280, arguing that oil tax increases bundled with gas pipeline incentives could undermine investment momentum in Alaska's oil sector.
by Alaska News18h ago3 min readFairbanks5 viewsAI
House panel hears gas line tax bill with 15-cent volumetric fee
The House Finance Committee heard testimony Thursday on House Bill 381, which would replace traditional property taxes on the Alaska LNG pipeline with a 15-cent per thousand cubic feet volumetric tax, generating an estimated $577 million by 2033 while giving municipalities decision-making authority over gas treatment plants and LNG facilities.
by Alaska News13h ago4 min readJuneau, Alaska1 viewAI
State proposes 50-year lease for gas-powered data center near Deadhorse
Alaska DNR is accepting public comments through June 15 on a proposed 50-year lease for a 715-acre gas-powered data center facility near Deadhorse.
by Alaska News4d ago2 min readDeadhorse15 viewsAI
State reviews Vitus Marine plan to move 365,000 barrels across Alaska waters
The state is reviewing Vitus Marine's oil spill response plan for transporting up to 365,000 barrels of fuel across Cook Inlet, Bristol Bay, and Western Alaska waters, with public comments due June 12.
by Alaska News3d ago2 min readAlaska7 viewsAI
Dunleavy says Alaska gas pipeline depends on property tax overhaul
Governor Mike Dunleavy urged the legislature to pass a payment-in-lieu-of-taxes bill within three weeks, calling it essential to financing what he described as the largest project in Alaska history, an LNG pipeline from the North Slope.
by Alaska News1w ago5 min readJuneau, Alaska30 viewsAI
Gas tax hike could net Alaska $590M over pipeline life, analysis shows
Department of Revenue analysis shows increasing the North Slope gas production tax from 13% to 17% would generate $590 million over 30 years without affecting in-state gas prices due to existing tax ceiling protections.
by Alaska News3d ago3 min readJuneau, Alaska4 viewsAI
Senate panel debates gas pipeline tax structure in 26th hearing
The Senate Resources Committee held its 26th hearing on SB 280, examining the proposed volumetric tax system for the Alaska LNG project and discussing technical questions about where gas production would be taxed.
by Alaska News4d ago4 min readJuneau, Alaska4 viewsAI
State seeks public comment on Pikka oil project expansion near Colville River
The state is accepting public comments through June 5 on a proposed 3.44-acre expansion of the Pikka oil development project on the North Slope that would impact wetlands near the Colville River.
by Alaska News1w ago2 min readNorth Slope Borough, Alaska10 viewsAI
State finalizing Hilcorp Endicott permit with chlorine mixing zones
Alaska DEC is finalizing a wastewater discharge permit for Hilcorp's Endicott Operations that authorizes mixing zones for chlorine and other pollutants in Beaufort Sea waters, with no public comment period during the final review stage.
by Alaska News1w ago1 min readDuck Island, Beaufort Sea, Alaska7 viewsAI
House Finance hears divided testimony on pharmacist prescribing bill
The House Finance Committee heard more than three hours of public testimony on HB 195, which would expand pharmacists' prescriptive authority, with supporters citing improved healthcare access and opponents raising abortion medication concerns.
by Alaska News6d ago5 min readHouse Finance3 viewsAI
House Finance hears divided testimony on pharmacist prescribing bill
The House Finance Committee heard more than three hours of public testimony on HB 195, which would expand pharmacists' prescriptive authority, with supporters citing improved healthcare access and opponents raising abortion medication concerns.
by Alaska News6d ago4 min readHouse Finance3 viewsAI
Senate Resources hears LNG tax framework comparison, transparency concerns
The Senate Resources Committee heard a presentation on fiscal frameworks for LNG projects and how Alaska's constitutional obligations create unique challenges compared to other jurisdictions, while public testimony supported transparency legislation.
by Alaska News6d ago8 min readAlaska2 viewsAI
Alaska House Rewrites LNG Tax Bill, Raising Rate While Empowering Boroughs
The House Resources Committee approved a restructured tax approach for the Alaska LNG project that raises the pipeline tax to 15 cents per thousand cubic feet while allowing North Slope and Kenai boroughs to negotiate property taxes on facilities.
by Alaska News1w ago5 min readJuneau, Alaska3 viewsAI
Senate panel examines LNG project economics, megaproject risks
Consultants presented economic modeling of the proposed alternative volumetric tax for the Alaska LNG project and warned of cost and schedule risks common to large infrastructure developments.
by Alaska News2w ago6 min readJuneau11 viewsAI
Alaska LNG Consultant Flags Potential 50% Return for Developers vs. $1B State Revenue
Legislative consultant Nick Fulford presented hastily-prepared analysis showing Alaska LNG midstream developers could earn roughly 50% annual returns by 2040-2050 while the state receives approximately $1 billion in combined taxes, raising questions about the proposed tax structure's fairness.
by Alaska News1w ago5 min readAlaska, USA4 viewsAI
House panel ties Alaska gas line tax breaks to Fairbanks spur line
House Resources Committee advances substitute bill requiring Alaska LNG project to build spur line to Fairbanks North Star Borough as condition for receiving tax incentives, ensuring Interior residents pay same tariff as Southcentral customers.
by Alaska News2w ago4 min readAlaska, USA6 viewsAI
Senate panel examines regulatory questions on gas pipeline tax plan
The Senate Resources Committee discussed federal versus state jurisdiction over a proposed natural gas pipeline and debated an alternative tax structure that would replace property taxes with a volumetric fee.
by Alaska News3w ago4 min read10 viewsAI
Senate unveils gas pipeline bill with $600M property tax, consumer protections
The Senate Resources Committee introduced sweeping changes to the governor's gas pipeline proposal, including a $600 million property tax at full production, prohibitions on shifting cost overruns to consumers, and $1 million per mile impact payments to communities during construction.
by Alaska News2w ago3 min readAlaska, USA6 viewsAI
State seeks public comment on air permit renewal for Trans-Alaska Pipeline pump station
The state is accepting public comments through June 5, 2026, on a draft air quality permit renewal for Alyeska Pipeline Service Company's Pump Station 3 on the North Slope.
by Alaska News1w ago1 min readPump Station 33 viewsAI
ConocoPhillips seeks to renew North Slope road easement and upgrade
ConocoPhillips is seeking state approval to renew a North Slope road easement and upgrade the route with additional gravel and culvert improvements to support the Willow Development project.
by Alaska News1mo ago1 min readNorth Slope23 viewsAI
Alyeska seeks to add land to pipeline right-of-way near Deadhorse
Alyeska Pipeline Service Company has applied to add nearly eight acres to the Trans-Alaska Pipeline System right-of-way for flood protection and a staging area near Deadhorse, with public objections due July 6.
by Alaska News1w ago2 min readDeadhorse, Alaska3 viewsAI
Senate panel debates $1B tax break for Alaska LNG amid cost secrecy
Alaska Senate Resources Committee heard testimony Tuesday on a proposed 55-cent per MCF volumetric tax for the Alaska LNG project, with Glenfarne calling it potentially prohibitive while lawmakers demanded cost transparency before committing to tax breaks that could cost communities $1 billion annually.
by Alaska News1w ago4 min readJuneau3 viewsAI
Alaska LNG Tax Bill Walks Tightrope Between Project Viability and Local Needs
House Resources Committee's revised tax structure for Alaska LNG reflects tension between competitive global positioning and community impact compensation that defines natural gas megaproject debates worldwide.
by Alaska News2w ago4 min readJuneau5 viewsAI
Senate Panel Questions DNR Commissioner Nominee on Gas Development
The Senate Resources Committee conducted a confirmation hearing for John Crowther, the governor's nominee for Commissioner of the Department of Natural Resources.
by Alaska News1mo ago2 min readAlaska12 viewsAI
Energy consultant: Alaska LNG tax bill could cut delivered cost by 20 cents
Energy consultant tells House Resources Committee that proposed alternative volumetric tax in HB 381 would reduce delivered cost to Asia by roughly 20 cents per MMBtu compared to current property tax, potentially making the $46+ billion project more competitive globally while still generating stable municipal revenue.
by Alaska News2w ago4 min readJuneau, AK, USA4 viewsAI
ConocoPhillips Cuts 12.5% of North Slope Workforce as Oil Prices Fall
ConocoPhillips cut 12.5 percent of its North Slope workforce following its merger with Marathon Oil, prompting 243 workers to petition for union representation amid falling oil prices.
by Alaska News1w ago2 min readNorth Slope2 viewsAI
Senate panel proposes doubling Dalton Highway surcharge in gas line bill
Senate Resources Committee introduced a new version of the gas pipeline bill with a 30-cent Dalton Highway maintenance surcharge, double the governor's proposal, while senators question whether $1 billion in property tax breaks would save average Anchorage households only $55.
by Alaska News1w ago4 min readJuneau, Alaska2 viewsAI
House panel hears tax proposal for Alaska LNG project
The House Resources Committee received a Department of Revenue presentation on House Bill 381, which would replace property taxes on the Alaska LNG project with a 15-cent per thousand cubic feet volumetric tax on the pipeline, reducing the project's annual tax burden from nearly $750 million to roughly $200 million by 2033.
by Alaska News1w ago4 min readJuneau2 viewsAI
Alaska LNG project could tap Defense Production Act for federal support
The Alaska Senate Resources Committee heard testimony on how the Defense Production Act, invoked by President Trump in April, could provide unprecedented federal support for the $47 billion Alaska LNG project through grants, loan guarantees, or offtake agreements.
by Alaska News1w ago4 min readAlaska2 viewsAI
Alaska LNG Tax Bill Stalls as Lawmakers Demand Project Cost Data
Senate Resources Committee consultant warns legislators lack critical data on Alaska LNG project capital costs and gas pricing needed to fulfill constitutional obligation to maximize resource value, with only 12 days left in session.
by Alaska News1w ago5 min readJuneau, Alaska1 viewAI
State seeks bids for specialized fuel storage tanks
The state transportation department is soliciting bids for wheeled fuel storage tanks, with a bid opening scheduled for May 26.
by Alaska News2w ago1 min readAlaska2 viewsAI
Denali Borough mayor opposes state control of pipeline tax payments
Denali Borough's mayor testified against a provision in SB 280 that would route pipeline tax revenue through the state legislature, seeking direct payments and upfront impact fees instead.
by Alaska News2w ago3 min readSenate Resources2 viewsAI
Oil industry opposes tax provisions in Alaska gas pipeline bill
Alaska Oil and Gas Association testified against multiple tax provisions in SB 280, warning that sections decoupling oil and gas lease expenditures and imposing new S-corp taxes could harm current operations and chill investment.
by Alaska News2w ago4 min readAlaska, USA2 viewsAI
House Resources Committee debates LNG equity stakes, rejects wildlife refuge amendments
The House Resources Committee heard testimony on state equity participation in the Alaska LNG project and voted down nine amendments to a wildlife refuge consolidation bill, with most votes splitting 5-4 along party lines.
by Alaska News2w ago7 min read3 viewsAI
House Panel Advances $40M Community Impact Fund for Gas Pipeline
The House Resources Committee voted 7-2 to increase community impact funding for Alaska LNG pipeline municipalities to $40 million, up from the project developer's proposed $30 million, despite concerns about project economics.
by Alaska News1w ago3 min readCapitol Room 1241 viewAI
State seeks public comment on North Slope solid waste lease by May 27
The state is accepting public comments through May 27 on a proposed 20-year lease for a solid waste staging site near Prudhoe Bay.
by Alaska News2w ago1 min readDeadhorse, Alaska2 viewsAI
State seeks public comment on Dutch Harbor fuel storage spill plan
The state is reviewing a renewed oil spill prevention plan for Petro Star's Dutch Harbor fuel storage facilities and accepting public comments through May 27.
by Alaska News2w ago1 min readDutch Harbor, Aleutian Island, Alaska2 viewsAI
Mayors Oppose Alaska LNG Tax Bill, Cite Revenue Concerns
Five borough mayors testified against Senate Bill 280's proposed tax structure for the Alaska LNG project, citing significant revenue losses and inadequate impact compensation.
by Alaska News1mo ago2 min readAlaska5 viewsAI
Municipal League urges local control in Alaska LNG tax negotiations
Alaska Municipal League Executive Director Nils Andreassen testified that local governments want the ability to negotiate individually with the Alaska LNG project developer rather than accept a one-size-fits-all tax structure.
by Alaska News2w ago5 min readAlaska, USA2 viewsAI
Alaska seeks federal approval to regulate carbon storage wells as oil industry eyes Cook Inlet, North Slope projects
Alaska is applying for federal authority to regulate carbon dioxide storage wells and seeking public comment at a May 14 hearing.
by Alaska News1mo ago2 min readAnchorage, AK5 viewsAI
