Anchorage – On Monday, Rep. Les Gara (D-Anchorage) filed detailed public comments showing the Nuna oilfield will receive significant, and possibly excessive, tax breaks under little-known provisions in S.B. 21. The Parnell Administration, in its waning two weeks, proposed a roughly $40 million reduction in the royalties Nuna’s current owner, Caelus Energy, would owe Alaskans. The Parnell […]
Governor Bill Walker informed President Barack Obama and his administration of Alaska’s energy-rich potential in a series of briefings at the White House on Fri., Dec. 5. Governor Walker and six other newly elected governors from Illinois, Maryland, Massachusetts, Pennsylvania, Rhode Island and Texas met in the White House with President Obama and his Cabinet […]
The U.S. Department of Justice disclosed today that they had reached a plea agreement with Noble Drilling LLC for environmental and maritime crimes concerning the Noble Discoverer and the drilling unit Kulluk in a case that was initiated in 2012. Noble will plead guilty to eight felony offenses in exchange for limiting their liability for […]
ANCHORAGE – The Alaska Energy Authority (AEA) drastically underestimated the cost of the Susitna Dam, while competing with the proposed in-state natural gas pipeline, according to a report released today. The report, from Erickson and Associates, analyzes the full cost of the project and identifies significant costs that AEA has not assessed or disclosed to […]