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Oil & Gas

AIDEA continues to block public release of ‘independent’ study finished in early 2024

Economy Dermot Cole -
On April Fools’ Day, the head of AIDEA said the long-delayed $250,000 “independent” review of the agency would be released by mid-April after the contractor inserted revisions prepared and demanded by AIDEA.
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Amid gas crunch, Alaska could revoke leases from a company whose drilling has stalled

Environment Nathaniel Herz, Northern Journal -
The Dunleavy administration is threatening to strip Texas-based BlueCrest Energy of oil and gas leases near Anchorage, saying it’s failed to advance development that could delay urban Alaska’s impending gas shortage.
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New Alaska Bitcoin mine would use as much power as the state’s largest coal plant produces

Economy Nathaniel Herz, Northern Journal -
The startup planning the operation near the North Slope oil fields would power its computers not with coal but with another fossil fuel: natural gas that’s currently going unused.
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Did the Dunleavy administration cut sweetheart tax deals with oil companies? Legislators are trying to find out.

News Matt Acuña Buxton -
Alaska legislative leaders are demanding Dunleavy address an “overall pattern of peculiarities” in the state’s collection of oil and gas tax.
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Alaska Senate leaders take aim at oil taxes to cover looming deficit

Economy Matt Acuña Buxton -
Despite the growing push for higher public school funding, the state's gloomy financial outlook has cast doubts on just how much is actually possible. That could be changing. The Senate's bipartisan majority rolled out a pair of new revenue...
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AIDEA nows says it doesn’t need $50 million for gas line study

Commentary Dermot Cole -
Juneau Sen. Jesse Kiehl said something not long ago about how the job of a legislator is often to say no.
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Murkowski calls Greenland an ‘ally, not an asset’ as Trump fixation deepens

Environment Matt Acuña Buxton -
Over the weekend, President Donald Trump renewed his brazen call for the United States to buy or seize Greenland for its critical natural resources.
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Oil and gas lease sale in Alaska’s Arctic National Wildlife Refuge draws no bids

Economy Yereth Rosen, Alaska Beacon -
Gwich’in and environmental opponents celebrate the results, while state officials expect the incoming Trump administration to make it easier to drill in the refuge.
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AIDEA made its $50 million gasline study pledge before getting legislative approval

Environment Dermot Cole -
The Alaska Gasline Development Corporation can’t find a private company willing to pay $50 million for the final design and engineering work on a proposed gas pipeline unless there is a pledge to get that money back from the state.
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Dunleavy allies tap AIDEA slush fund for $50 million for gas pipeline study, bypassing the Legislature

Mining Dermot Cole -
Two state-owned corporations that don’t act without the blessing of Gov. Mike Dunleavy have cooked up a plan to tap into a slush fund to provide a $50 million guarantee to pay for a gasline study.
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