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Top News & Analysis Alaska

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  • DETROIT— The National Wildlife Federation accused the U.S. Transportation Department on Tuesday of not enforcing a federal law that requires pipeline owners and operators to establish safety response plans for worst-case oil spills in lakes, rivers and other waterways. While the pipelines that spurred the group's action are two side-by-side conduits...

  • Q&A: A look at Shell Oil and Arctic offshore drilling Saturday, 25 Jul 2015 | 3:33 PM ET

    ANCHORAGE, Alaska— Shell Oil drill vessels are heading to the Arctic. Royal Dutch Shell and other companies want to tap into U.S. Offshore Alaska offers some of the most prolific, undeveloped hydrocarbon basins in the world, potentially increasing domestic supply by over 1 million new barrels of oil per day, according to Shell.

  • NEW YORK, July 25- Square Inc., the mobile-payments company founded in 2009 by Jack Dorsey, who is also the interim chief executive officer of Twitter Inc., has filed confidentially for an initial public offering, according to media reports. Square has been working with Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase& Co. on the IPO, Bloomberg and CNBC...

  • Damaged Shell icebreaker arrives in Oregon for repairs Saturday, 25 Jul 2015 | 2:06 PM ET

    PORTLAND, Ore.— Environmental activists in Portland are protesting the arrival of the Fennica, a vessel that Royal Dutch Shell PLC plans to use in its Arctic offshore drilling project after it's repaired. The damaged ship, a 380- foot icebreaker, arrived at a Swan Island dry dock about 3 a.m. Saturday. Environmental groups had wanted the Obama administration to...

  • Southwest Airlines and United Airlines posted record second-quarter earnings on Thursday even though Southwest's revenue grew just 2 percent and United's declined from a year ago. Southwest Airlines Co. earned a record $608 million in the second quarter— a 31 percent increase from a year ago, and the airline's ninth straight record-profit quarter.

  • Senate panel would allow marijuana vendors to use banks Thursday, 23 Jul 2015 | 3:22 PM ET

    WASHINGTON— A Senate panel voted Thursday to make it easier for businesses that legally produce and sell marijuana to do business with banks and other financial services providers. The language had passed the House last year but was taken out during talks with the Senate but has yet to consider the underlying spending bill this year. Three Republicans on the...

  • ANCHORAGE, Alaska— The Obama administration has given Royal Dutch Shell PLC approval to begin limited exploratory oil drilling off Alaska's northwest coast. "Without question, activities conducted offshore Alaska must be held to the highest safety, environmental protection and emergency response standards," said the bureau's director, Brian Salerno.

  • WASHINGTON, July 22- The U.S. Interior Department on Wednesday granted Royal Dutch Shell its final two permits to explore for oil in the Arctic this summer, but said the company cannot drill into the oil zone until the required emergency equipment arrives to the region. The department's Bureau of Safety and Environmental Enforcement conditionally granted...

  • WASHINGTON, July 22- The U.S. Interior Department on Wednesday granted Royal Dutch Shell its final two permits to drill in the Arctic this summer, but said the company cannot drill into the oil zone yet. Shell must have emergency equipment called a capping stack deployable before drilling into the oil zone in the Chukchi Sea off Alaska, the government said.

  • ANCHORAGE, Alaska— The Obama administration has given Royal Dutch Shell PLC approval to begin limited exploratory oil drilling off Alaska's northwest coast. "Without question, activities conducted offshore Alaska must be held to the highest safety, environmental protection and emergency response standards," said the bureau's director, Brian Salerno.

  • The parent-kid pot talk from inside the industry Wednesday, 22 Jul 2015 | 1:09 PM ET

    NEW YORK— Soon after Colorado legalized recreational cannabis, Todd Mitchem's son proposed using the plant for a horticulture project at his Montessori school in Denver. School officials said no way, despite support from dad, a regular weed user and chief executive of a dating app and social network for fellow enthusiasts. That was early 2013. Now, pot is...

  • NEW YORK, July 22- When choosing retirement locales, a few factors pop to mind: climate, amenities, proximity to grandchildren, access to quality healthcare. Chris Cooper had something else to consider- marijuana laws. So when Cooper, 57, was looking for a place to retire, he ended up in San Diego, since California allows medical marijuana.

  • July 13- Royal Dutch Shell PLC said on Monday an icebreaker crucial to planned Arctic oil drilling will be sent to Portland, Oregon to repair a gash in its hull, but the issue is not expected to delay the beginning of drilling off Alaska later in July. Voyage time between Portland and southern Alaska should not delay the company's plans to begin drilling off...

  • WASHINGTON, July 9- Lifting the U.S. ban on oil exports would bolster energy security in Europe by allowing countries to find alternative sources, the Czech Republic ambassador to the United States told lawmakers considering a bill to do away with the trade restriction. "The larger the number of stable democracies among the world's exporters, the more robust the...

  • WASHINGTON, July 9- Lifting the U.S. ban on oil exports would bolster energy security in Europe by allowing countries to find alternative sources, the Czech Republic ambassador to the United States told lawmakers considering a bill to do away with the trade restriction. "The larger the number of stable democracies among the world's exporters, the more robust the...

  • Shell's ice management vessel damaged in Alaska Tuesday, 7 Jul 2015 | 3:16 PM ET

    July 7- Royal Dutch Shell Plc's icebreaker vessel Fennica returned to the Dutch Harbor in Alaska with a small breech in the hull, raising concerns about the company's plan to resume drilling in the Arctic later this month. Shell said in June it plans to restart drilling for oil in the Arctic off Alaska as early as the third week of July after a conditional approval...

  • SEATTLE, June 29- U.S. Coast Guard and police boats cleared a way through protesters in kayaks at a Seattle- area port on Tuesday so a drilling ship could head for the Arctic on behalf of Royal Dutch Shell. The activists, who have staged frequent demonstrations during the past two months against Royal Dutch Shell's oil exploration in the Chukchi Sea off mainland...

  • 47. Alaska Wednesday, 24 Jun 2015 | 4:18 PM ET
    Top States 2015: Alaska

    The Last Frontier has a ready workforce and a welcoming regulatory climate. But falling oil prices have fouled the economy.

  • WASHINGTON, June 23- Green groups urged the U.S. Department of Interior on Tuesday to revoke the agency's conditional approval of Royal Dutch Shell's 2015 Arctic oil exploration plan, saying it runs counter to established protections for walruses. A 2013 rule implemented by the Fish and Wildlife Service, a bureau of the Interior Department, prevents energy...

  • WASHINGTON, June 23- Green groups urged the U.S. Department of Interior on Tuesday to revoke the agency's conditional approval of Royal Dutch Shell's 2015 Arctic oil exploration plan, saying it runs counter to established protections for walruses. A 2013 rule implemented by the Fish and Wildlife Service, a bureau of the Interior Department, prevents energy...