Energy

Oiling the financial gears

Alaska’s economic dependence on oil and gas extraction is quantified in a report that the McDowell Group, an Anchorage-based economic consulting firm, does every three… Continue reading

AGDC to answer long-running questions

Long lingering questions about Alaska’s North Slope gasline project should be answered eventually. The Alaska Gasline Development Corporation (AGDC) has committed to providing more information… Continue reading

Feds reconsidering lease rates for hydropower operators

Federal administrators of land beneath six of Alaska’s hydroelectricity plants — including the Kenai Peninsula’s Bradley Lake plant — are considering claims by hydropower operators… Continue reading

Drilling fluid released from Hilcorp platform

Two gallons of oil-based drilling fluid spilled into Cook Inlet during a drilling operation aboard Hilcorp’s Steelhead Platform on Monday after a burst hose on… Continue reading

BlueCrest goes on temporary hiatus after tax credits halted

BlueCrest goes on temporary hiatus after tax credits halted

BlueCrest Energy Inc. is preparing to pause drilling work at its Cook Inlet oil development because the State of Alaska owes the company about $75… Continue reading

BlueCrest goes on temporary hiatus after tax credits halted

Oil workers celebrate 60 years of Swanson River

Editor's note: This story has been changed to correct the name of Bobbi O'Neill, originally referred to by her maiden name of Burns. Three generations… Continue reading

Pipeline may come to Ladd Landing; coal terminal won’t

After its May decision to stop seeking permits, Delaware-based PacRim Coal is giving up what had been a key piece of property in its plans… Continue reading

NordAq fined $100,000 for unplugged well

On Thursday the Alaska Oil and Gas Conservation Commission issued a $100,000 penalty and a $800,000 bond requirement to Alaskan independent oil and gas company… Continue reading

Hilcorp plans new pad and well near Ninilchik

Oil and gas company Hilcorp Alaska plans to lay a new gravel pad and drill a new well just north of Ninilchik this summer. The… Continue reading

Hilcorp plans new gas wells near Ninilchik

The Alaska Division of Oil and Gas has approved a Plan of Operations for Hilcorp Alaska to develop a new pad outside Ninilchik to support… Continue reading

HEA exploring solar power

Homer Electric Association is “in the exploratory phase” of planning a solar power installation that may be funded by voluntary member investments, according to HEA… Continue reading

Ben Boettger/Peninsula Clarion BlueCrest Energy Chairman Bob Israel speaks during the ceremonial opening of BlueCrest Energy's Hansen Production Facility - visible in the background - on Saturday, June 25, 2016 at BlueCrest's wellpad north of Anchor Point, Alaska.

BlueCrest opens Anchor Point oil wellpad with ceremony

BlueCrest Energy has ceremonially opened their Hansen Production Facility, an oil wellpad on the shore of Cook Inlet near Anchor Point. A small group of guests… Continue reading

Ben Boettger/Peninsula Clarion BlueCrest Energy Chairman Bob Israel speaks during the ceremonial opening of BlueCrest Energy's Hansen Production Facility - visible in the background - on Saturday, June 25, 2016 at BlueCrest's wellpad north of Anchor Point, Alaska.
File photo/Peninsula Clarion  In this Feb. 01, 2008 file photo, the Tesoro refinery in North Kenai is shown.  Governor Sean Parnell on Wednesday introduced legislation to extend the state's contract with the company for the continued sale of royalty oil. The bill seeks to extend the sale from its Jan. 31 2015 date to Jan. 31, 2016.

State banks on selling more oil to Tesoro

The state is considering selling an additional 20,000–25,000 barrels of its royalty-in-kind oil to Tesoro Refining & Marketing Company per day as a way to… Continue reading

File photo/Peninsula Clarion  In this Feb. 01, 2008 file photo, the Tesoro refinery in North Kenai is shown.  Governor Sean Parnell on Wednesday introduced legislation to extend the state's contract with the company for the continued sale of royalty oil. The bill seeks to extend the sale from its Jan. 31 2015 date to Jan. 31, 2016.
File photo/Peninsula Clarion  In this Feb. 1, 2008 file photo, the Tesoro refinery in Nikiski is shown.

Report details challenges to Alaska refineries

The market for Alaska’s refineries is becoming even tougher with reduced demand and increased pressure to compete with imported fuels. Though the state’s refineries are… Continue reading

File photo/Peninsula Clarion  In this Feb. 1, 2008 file photo, the Tesoro refinery in Nikiski is shown.

No oil and gas damage reported after earthquake

The epicenter of Monday’s brief 5.3 magnitude earthquake was in west Cook Inlet’s Trading Bay, according to the U.S Tsunami Warning System — less than… Continue reading

Ben Boettger/Peninsula Clarion An array of photovoltaic solar panels generate electricity from the winter sunlight at the Kenai National Wildlife Refuge headquarters on Wednesday, Jan. 4 in Soldotna.

Kenai Wildlife Refuge beginning to track solar energy

When the Kenai National Wildlife Refuge opened its new visitors center in May 2015, one new feature was a pair of 60-square meter solar arrays.… Continue reading

Ben Boettger/Peninsula Clarion An array of photovoltaic solar panels generate electricity from the winter sunlight at the Kenai National Wildlife Refuge headquarters on Wednesday, Jan. 4 in Soldotna.

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. The North Slope, dismissed by many in recent years… Continue reading

Hilcorp’s Anna Platform restarted

Hilcorp’s Anna Platform has resumed work after having been shut down since a suspected oil release April 1. An Alaska Department of Environmental Conservation (DEC)… Continue reading

1 of 3 incumbents unseated in HEA election

In an election that concluded Thursday, Homer Electric Association members chose between six candidates for the three open seats on the cooperative’s board of directors.… Continue reading

Snow River dam project scrapped

Four weeks after federal regulators gave Chugach Electric Association a three-year permit to investigate the feasibility of putting a hydroelectric dam on the eastern Kenai… Continue reading