Gov. Mike Dunleavy and pipeline developer Glenfarne say they support the bill, which passed from the House Finance Committee unanimously. The House will debate it Friday.
Energy & Mining
ANWR lease sale draws $3.7M in winning bids, but major oil and gas players stay home
“The players who would have the billions of dollars to explore, develop, produce are not bidding,” said longtime Alaska oil and gas industry observer Larry Persily. “They’re not at the table, they have no appetite for it.”
Forest Service admits Herbert Glacier cabin cancelled due to mining interests, after previously denying it
The U.S. Forest Service’s initial denial was apparently the result of an internal miscommunication at the agency.
Glenfarne releases Alaska LNG cost estimates, as skeptical legislators press for details
As recently as Tuesday, Glenfarne refused to release its estimates, a sticking point for skeptics. But on Wednesday, the company said it expected the project would cost $44.5 to $54.5 billion.
In setback for oil companies, tax board raises trans-Alaska pipeline value by $3 billion
Alaska and three of its municipalities could be in line for an extra $60 million in oil industry tax revenue after a new ruling in a long-running feud over the value of the trans-Alaska pipeline system. A state appeals board this week determined the property tax value of the enormous 50-year-old pipeline system, which moves crude 800…
Appeals court says Alaska has the right to make ConocoPhillips oil well data public
The state of Alaska has the right to make public data from exploration wells drilled by ConocoPhillips in the National Petroleum Reserve in Alaska, an appeals court has ruled. The 9th Circuit Court of Appeals ruling, issued Wednesday, overturns a 2023 decision by U.S. District Court Judge Sharon Gleason that allowed well data to remain under…