Oil & Gas
RSSNorth Slope oil & gas operations: Willow, Pikka, Point Thomson, production economics, tax debates, pipeline politics (TAPS)
Conference draft keeps oil-and-gas pass-through tax, delays it to 2029
A House-Senate conference committee draft of HB 381 keeps a proposed income tax on oil-and-gas pass-through entities but delays collections to 2029.
by Walter AlaskaNews2mo ago4 min read
The $100 million question inside Alaska's gas-line bill
Should Hilcorp pay the oil tax ExxonMobil and ConocoPhillips already do? It's worth $100M-plus a year — but critics warn taxing Cook Inlet's gas supplier could backfire.
by Walter AlaskaNews2mo ago2 min read
A gravel permit for the pipeline, and a question about what Alyeska pays
A routine permit lets Alyeska pull gravel from the Sag floodplain for pipeline upkeep — but not what the private pipeline giant pays the public for it. A senator's been asking.
by Walter AlaskaNews2mo ago2 min read
Alaska LNG's cheap-gas promise hinges on exports — and on costs staying in line
New state numbers on Alaska LNG: exports are what make gas cheap for Alaskans (about $5/mcf vs. $12.65 without them), but a cost overrun could push the export price above what buyers pay.
by Walter AlaskaNews2mo ago2 min read
Alaska wants out of a diesel rule that shuts trucks down in the cold
A pollution-cutting fluid that freezes at 12°F can force Alaska diesels to shut down in deep cold — and the state wants an exemption before the federal rule tightens in 2027.
by Melinda Communities.Newsadded 2mo ago2 min read
On the North Slope, the oil field grows a few thousand cubic yards at a time
ConocoPhillips wants to lay gravel for two small Kuparuk expansions — the kind of routine, acre-at-a-time growth critics say is exactly how the North Slope's footprint quietly spreads.
by Maggie AlaskaNews2mo ago1 min read
Justice Department concedes Biden-era Arctic Refuge leasing program violated the law
The Justice Department conceded Alaska was right that the 2024 Arctic Refuge leasing program violated federal law by capping development below what Congress allowed.
by Walter AlaskaNews2mo ago1 min read
Trump declares Iran ceasefire over after U.S. strikes on Iranian targets
Trump declared a ceasefire with Iran over after U.S. strikes on Iranian targets overnight, saying he no longer wants to negotiate with the country.
by Alaska News2mo ago2 min read
HB 381 exempts Alaska LNG project property from municipal taxes, replaces with volumetric splits
HB 381 replaces municipal property taxes on the Alaska LNG project with a new volumetric tax. • Phase 1 revenue splits favor pipeline communities while Phase 2 directs 48 percent to the Kenai Peninsula Borough. • The state expects the project to generate 26 billion dollars over 30 years. • Tax changes expire if construction misses a December 31 2034 deadline.
by Walter AlaskaNews2mo ago3 min read
Alaska gas pipeline tax bill sets $40M milestone test for boroughs, schools, and rural heating fund
Alaska's gas pipeline tax bill unlocks billions for boroughs and schools only if the developer pays $40 million and meets construction deadlines through 2037.
by Walter AlaskaNews2mo ago3 min read
Alaska LNG tax bill advances as working draft, disputes unresolved
Alaska lawmakers advanced a working draft of HB 381, the tax framework for Alaska LNG, but disputes over the alternative volumetric tax remain unresolved.
by Walter AlaskaNewsadded 2mo ago3 min read
Where Alaska's gas-line tax deal stands, and what's still stuck
Lawmakers have a working Alaska LNG tax deal — a $16 ratepayer price cap, a required Fairbanks spur line, and two unresolved fights over legality and Kenai's school costs.
by Walter AlaskaNews2mo ago2 min read
Buried under the Kenai refuge: seismic data on a stranded Cook Inlet gas find is about to go public
As Southcentral eyes a gas shortage, old seismic data on Shadura — an undeveloped Cook Inlet gas find near Nikiski, stuck under the Kenai refuge — is set to go public.
by Walter AlaskaNews2mo ago2 min read
A landslide has closed the Dalton Highway, the main road to the North Slope
A rain-triggered landslide closed the Dalton Highway north of Coldfoot on Monday — blocking the main road to the North Slope and the freight bound for the oil fields.
by Maggie AlaskaNews2mo ago1 min read
Alaska's development bank meets behind closed doors on the Arctic Refuge, a mining road, and a port
Alaska's state investment bank meets privately July 8 on its biggest bets — Arctic Refuge oil, the Ambler mining road, Port MacKenzie — with public money on the line.
by Walter AlaskaNews2mo ago3 min read
ConocoPhillips is finding new oil in the Kuparuk field, in rock decades of drilling missed
The Kuparuk field has fallen 80% since its 1992 peak, but ConocoPhillips is reviving it by tapping Coyote and other reservoirs that older drilling technology overlooked.
by Maggie AlaskaNewsadded 2mo ago2 min read
A gravel permit, and how North Slope oil is built on gravel
ConocoPhillips wants to expand a gravel pad at its Kuparuk field. It's a routine permit — but a small look at how North Slope oil is literally built on imported gravel.
by Maggie AlaskaNewsadded 2mo ago1 min read
Why Washington's permitting overhaul lands harder in Alaska than almost anywhere
About 60% of Alaska is federal land, so Trump's NEPA permitting overhaul hits harder here. The complaint that reviews are too slow is bipartisan; how far to cut is the fight.
by Maggie AlaskaNews3mo ago2 min read
Alaska clears the way to bury carbon — over water-safety fears
Alaska's new rules let companies inject carbon dioxide underground for storage — with the whole fight hinging on whether it stays put or seeps into the water people drink.
by Alaska Newsadded 2mo ago2 min read
A huge North Pole fuel terminal's spill plan is up for renewal — and residents have reason to look
The spill plan for a 33-million-gallon North Pole jet fuel terminal is up for comment through July 29 — in a town that knows what fuel in its groundwater looks like.
by Maggie AlaskaNews3mo ago1 min read
Gas-line developer warns Alaska's Senate terms could drive it off
Glenfarne told lawmakers the Senate's gas-line amendments — a 9.4% investor tax, an automatic state takeover clause, tough labor rules — could make it walk. Lawmakers say they're protecting the state.
by Walter AlaskaNews3mo ago2 min read
A federal rule could stick Alaskans with abandoned-well cleanup costs
The BLM wants to slash the cleanup bonds oil companies post before drilling on federal land — raising the odds taxpayers, not operators, foot the bill for abandoned Alaska wells.
by Maggie AlaskaNewsadded 3mo ago2 min read
Alaska's gas-pipeline bill now carries a tax on Hilcorp and others
A permanent tax on pass-through oil companies like Hilcorp is riding inside Alaska's gas-pipeline bill — and it kicks in by 2028 whether the pipeline gets built or not.
by Walter AlaskaNews3mo ago3 min read
State economist: even with tax breaks, the gas line barely works
Even with the Senate's tax breaks, Alaska's gas project still costs more to make than Asia pays for it — and one lawmaker put it bluntly: "It seems like they don't work."
by Walter AlaskaNews3mo ago2 min read
Alaska's gas-line tax bill stalls in committee
Lawmakers writing Alaska's gas-line tax deal voted down both versions of the bill — now they need special authority to build a compromise from the pieces.
by Walter AlaskaNews3mo ago2 min read
A leaked plan to fire Alaska's gas-line developer surfaces in Juneau
A "stolen" state document laying out how Alaska could fire Glenfarne from its $44B gas line leaked — and the developer says it's now wondering whether Alaska can keep a secret.
by Walter AlaskaNews3mo ago3 min read
A pass-through tax, not the pipeline, is the real fight in Juneau
A conference committee spent two days on Alaska's $44B gas line, and the sharpest fight was over a pass-through tax on Hilcorp that doesn't need the pipeline to exist.
by Walter AlaskaNewsadded 3mo ago3 min read
Kenai's quiet stake in the gas-line bill
Only Kenai Borough's school-funding bill changes under the gas-line tax legislation — but the state's own modeling says the increase might sunset before it ever lands.
by Walter AlaskaNewsadded 3mo ago2 min read
The number that quietly sets the state budget: a barrel of oil
Alaska's budget is a bet on oil — and the state's own forecast is banking on crude leaping to $91 a barrel by summer, so "coming out ahead" rides on a guess, not a high price.
by Walter AlaskaNews3mo ago2 min read
A Florida company wants to expand a big offshore oil unit on the edge of ANWR
A Florida company wants to expand an offshore oil unit on the edge of ANWR — and the state tagged it "approved" before comments even opened. Weigh in by July 21.
by Maggie AlaskaNews3mo ago2 min read
Tom Begich goes after Dunleavy over vocational-training vetoes
Begich is hammering Dunleavy for vetoing job-training money while the state promises a pipeline built by Alaskans — a rare direct shot at the governor from the campaign trail.
by Walter AlaskaNews3mo ago2 min read
What APA's ice-road permit signals for the eastern North Slope
A state notice for "ice construction and off-road travel" sounds dull — until you notice it's APA Corp staging a winter drilling run on the eastern North Slope.
by Walter AlaskaNews3mo ago2 min read
The EPA's No. 2 told Alaska's resource industry the door is open — for now
The EPA's deputy came to Anchorage to tell the resource industry the feds are clearing the way — and the message from the room was: hurry, before the politics flip.
by Melinda Communities.News3mo ago2 min read
North Slope, Fairbanks, Valdez sue over pipeline tax values
Three Alaska municipalities sued June 22 over how pipeline companies value their assets for local taxes, challenging assessments that affect borough and city revenue.
by Walter AlaskaNewsadded 3mo ago2 min read
Federal regulators renew HEX authorization for Cook Inlet marine-mammal harassment
Federal regulators renewed HEX Operating's permit to incidentally harass marine mammals during natural gas work in Cook Inlet through September 2027.
by Walter AlaskaNews3mo ago1 min read
Hilcorp wants five years to drive across North Slope subsistence land
A company wants 5 years to drive industrial rigs across North Slope tundra people hunt on. The real fight is who sets the rules, and when.
by Bill AlaskaNews3mo ago2 min read
Point Thomson is the remote gas field Alaska's pipeline dream depends on
You know Prudhoe Bay. You probably don't know Point Thomson — the remote, pricey field Alaska's whole pipeline dream quietly leans on. And it's stirring.
by Maggie AlaskaNews3mo ago2 min read
The $16 Gas Promise Comes With Fine Print
The gas line's headline $16 price is firm — until you notice it's quoted in the wrong unit, climbs with inflation before any gas arrives, and gets policed by a commission missing half its top staff.
by Walter AlaskaNews3mo ago2 min read
What the Senate Changed in the Gas-Line Deal
The Senate's gas-line rewrite caps your gas price, leashes the state's pipeline agency, and lets the boroughs pocket most of the tax money for decades before the state takes its cut.
by Walter AlaskaNews3mo ago3 min read
Alaska's LNG tax break now hinges on a gas line to Fairbanks
Alaska's LNG tax break now has a price: $80M, a labor deal, and a Fairbanks spur line before Glenfarne sees any relief.
by Walter AlaskaNews3mo ago1 min read
