ELWOOD BREHMER

State opens season for AK LNG Project

It’s open season for the Alaska Gasline Development Corp.

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Senate passes oil tax bill

Now the oil tax debate in the Legislature can really start.

The Republican-led Senate passed House Bill 111, this year’s oil tax credit legislation, Monday afternoon by a 14-5 vote alongcaucus lines.

The Senate version of the bill ends the cashable tax credit “experiment,” Anchorage Republican Sen. Cathy Giessel said in thefloor debate, along with preventing companies producing oil in the state’s largest fields from using deductible credits to taketheir tax obligation below the 4 percent gross minimum tax.

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New life for North Slope 100 million years in the making

All of a sudden, Alaska has more than 400,000 barrels per day of new oil potential. Read more

In email, BP Alaska president detail 2016 losses

BP Alaska President Janet Weiss has offered additional financial information about the company’s 2016 income after a reported $85 million profit became part of the... Read more

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