There are great benefits to developing the Arctic's amazing wealth of resources, if done carefully, according to Iceland's president.» Read More
has started drilling a well in the Beaufort Sea off northern Alaska, making good on exploration plans that had been stalled by floating ice, technical delays and problems with meeting oil spill-preparation requirements.
JUNEAU, Alaska-- A liquefied natural gas project in Alaska could cost more than $65 billion and would represent a mega-project of "unprecedented scale and challenge," officials behind the project told Gov.
ANCHORAGE, Alaska-- Shell Oil says it has begun exploratory drilling in the Beaufort Sea off Alaska's north coast as it continues to drill in the neighboring Chukchi Sea. Shell Alaska spokesman Curtis Smith says Beaufort drilling started Wednesday after the end of an Alaska Native whale hunt.
SEATTLE-- Alaska Airlines' parent company said Wednesday that its traffic rose 5.1 percent last month as its number of available seats grew. Alaska, which is run by Alaska Air Group Inc., reported a 5 percent increase in capacity compared with a year earlier. Alaska Air Group shares rose 88 cents, or 2.5 percent, to $36.56 in afternoon trading.
ANCHORAGE, Alaska-- The $5 bill displayed for decades on Charles Fairbanks IV's wall was long a treasured family heirloom from Alaska. The rare find is expected to fetch as much as $300,000 at auction this month when a Texas auctioneer plans to put it up for bids in Dallas and online as part of the American Numismatic Association National Money Show.
COLUMBUS, Ohio-- For decades, one tiny county in the rolling hills of Ohio's rural reaches was a depressed farm community saddled with double-digit unemployment. Now, Carroll County boasts more active oil and gas wells than any other in the state, and the tax dollars are flowing right along with the crude and natural gas.
_ ALASKA: Governor's proposed oil tax cuts failed to gain approval. _ FLORIDA: Oil production taxes reduced to offset technological costs of extraction. _ IDAHO: Replaced an existing oil tax with a 2.5 percent conservation tax on the market value of all oil and gas produced.
But so far the former Alaska governor and her husband Todd Palin have not come forward to claim their share of a settlement fund established for victims of the 1989 Exxon Valdez oil spill.
JUNEAU, Alaska-- The health care and social assistance industry is expected to see the largest rate of job growth in Alaska this decade. It estimates that Alaska will add nearly 40,000 jobs during that period, an increase of 12 percent, with nearly all sectors gaining.
JUNEAU, Alaska-- The state of Alaska is asking a federal judge to block enforcement of rules intended to limit pollution from large ships. Alaska is suing the federal government over the new fuel standard, arguing it will result in higher freight rates and pricier cruises that will hurt the state's economy.
By Robin Paxton ASTANA, Oct 2- U.S. oil company ConocoPhillips. Kazakh Oil and Gas Minister Sauat Mynbayev said that ConocoPhillips is ready to sell its 8.4 per cent stake in North Caspian Operating Company, the consortium developing Kashagan. "
*More assertive Kazakhstan sets eyes on ConocoPhillips stake. *Kashagan key to rapid rise in Kazakh oil output* Kazakh minister hopes field to produce first oil in March By Robin Paxton ASTANA, Oct 2- U.S. oil firm ConocoPhillips.
BISMARCK, N.D.-- An airline that for two decades has received federal subsidies to fly to a small North Dakota city says it no longer needs taxpayer help because the oil boom in the area has made the service self-sufficient.
Both David Montgomery's withdrawal and Daniel Schindler's dismissal came last month, just weeks before the start of what has been touted as an independent, objective look at the science put forth by the Pebble Limited Partnership.
Red Lobster is launching its biggest menu revamp in a decade on Oct. 15. We Specialize in Fresh Florida Seafood, but some of our Seafoods come from distant points of the compass, such as Maine, Maryland, Alaska, Peru, Chile and even South Africa to name but a few.
Sen. Mark Begich, (D-AK), discusses what a delay in Arctic drilling means for the future of oil prices and exploration in the U.S.
Check out the major metropolitan housing markets with the most affordable homes for sale, counting down to number one.
The Libor scandal, which began in London with bankers accused of manipulating a key global interest rate, has reached the Alaskan wilderness. Or at least that's the hope of New York plaintiffs' lawyer Brian Murray.