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Tag Archives: alaska oil and gas

These real ‘ice road truckers’ drive across sea ice and tundra on the North Slope

When the highway ends for Alaska’s ice road truckers, the adventure is just beginning for the hearty souls who haul vehicles and freight across the North Slope on a network of frozen trails blazed across the desolate Arctic Ocean and tundra. The travelers include Barrow resident Arnie Arey, who a couple of years ago parlayed a hefty dividend from his ...

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In response to customers, Crowley takes step to import Canadian LNG to Alaska

A shipping company that has long delivered freight and diesel fuel to rural Alaska is positioning itself to import Canadian liquefied natural gas to Alaska, following what it says is interest in the fuel from several Alaska companies. A Crowley official would not name those companies or say where the Canadian LNG would come from. The Jacksonville, Florida-based Crowley said ...

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Alaska’s pricey pipeline negotiator says he’s been sent home to Carolina

The state’s high-priced negotiator on its $55 billion gas pipeline project says he’s been sent home to South Carolina for some “time off” at Gov. Bill Walker’s request, without a return ticket to Alaska. Attorney Rigdon Boykin, who’s paid $120,000 monthly, was hired in May and has been Alaska’s lead negotiator on the pipeline project, which would join the state ...

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Oil patch slump oozing anxiety throughout the industry

With Shell job losses still looming and some projects stalled amid the continuing oil-price slump, Alaska’s petroleum industry and its related companies are struggling to adapt to the headwinds that threaten the entire economy. “Don’t go out and buy a new motorhome,” suggested Kevin Durling, majority owner of Petroleum Equipment and Services, saying the consequences of slowing activity in the ...

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Alaska Senate approves TransCanada buyout bill

JUNEAU, Alaska — The Alaska Senate on Tuesday approved legislation that would give the state a greater share in a proposed liquefied natural gas project by buying out one of the project’s partners. The vote was 16-3 and came 11 days into a special session called by Gov. Bill Walker to consider buying out TransCanada Corp. Voting no were Sens. ...

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Walker’s campaign promise of transparency sets up clash with industry, Legislature on pipeline project

JUNEAU — Alaska’s big oil producers and the state Legislature are objecting to new rules requested by Gov. Bill Walker aimed at opening the state’s natural gas pipeline project to more public scrutiny. Alaska is working on the proposed $55 billion project with oil producers ExxonMobil, ConocoPhillips and BP, as well as pipeline company TransCanada. Legislation passed by the Republican-led ...

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Walker aims to convert Alaska Permanent Fund to endowment for funding government

JUNEAU — A new plan from Gov. Bill Walker’s administration to broadly restructure Alaska’s finances would convert the Permanent Fund into an endowment that absorbs oil income and generates billions of dollars in annual revenue for the state’s treasury, Attorney General Craig Richards announced Wednesday. The sweeping changes would insulate state government from swings in the price of oil, Richards ...

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TransCanada official expresses support for gas project

JUNEAU, Alaska — TransCanada Corp. believes in the Alaska liquefied natural gas project, but it also agrees with Gov. Bill Walker’s recommendation that the state buy out the company’s interest in it, a TransCanada official said Wednesday. During an appearance before the House Finance Committee, Vincent Lee, director of major projects development for the Canadian pipeline company, called it a ...

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