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Alaska

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  • Shell files revised Arctic offshore drilling plan Thursday, 28 Aug 2014 | 5:25 PM ET

    ANCHORAGE, Alaska— Royal Dutch Shell PLC has filed a revised Arctic offshore drilling plan with federal regulators but says the company hasn't decided whether to return to waters off the coast of northwest Alaska in 2015..

  • Alaska voters reject repeal of 2013 petroleum tax Wednesday, 27 Aug 2014 | 1:40 PM ET

    ANCHORAGE, Alaska— Alaska voters have retained a new petroleum production tax system that offers hope of increased investment and jobs but drew criticism as a giveaway to already profitable oil companies. The state Division of Elections counted 17,721 absentee and early votes Tuesday, giving repeal opponents the victory.

  • Even if attacked, airline could be liable in crash Tuesday, 26 Aug 2014 | 5:26 AM ET

    Families of passengers who were on the Malaysia Airlines plane shot down over Ukraine are starting to sort through the long process of gaining compensation for their loss.

  • Canadian company eyes new mine in Alaska Sunday, 24 Aug 2014 | 7:11 PM ET

    KETCHIKAN, Alaska— A Canadian company is moving forward with plans for a new rare-earth metals mine at the end of Kendrick Bay on Prince of Wales Island, sending a team to drill and spending millions sampling rock and studying the area.

  • US rig count down 17 to 1,896 Friday, 22 Aug 2014 | 3:04 PM ET

    HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. fell 17 this week to 1,896.. Of the major oil- and gas-producing states, Kansas gained two rigs while Arkansas, Louisiana, West Virginia and Wyoming each rose by one.

  • Guide on TV's 'Wild West Alaska' pleads guilty Thursday, 21 Aug 2014 | 5:52 PM ET

    ANCHORAGE, Alaska— A hunting guide who appears on Animal Planet's "Wild West Alaska" television show has pleaded guilty to four misdemeanor hunting or guiding violations, what his attorney calls "paperwork violations." Jim West, 60, entered the pleas Wednesday in Glennallen, the closest court to his Klutina Lodge in Copper Center.

  • Airline group forecasts uptick in Labor Day travel Thursday, 21 Aug 2014 | 12:48 PM ET

    A trade group for the nation's big airlines predicts that air travel over the Labor Day weekend will rise 2 percent from the same holiday last year. Nine leading U.S. carriers earned $3.8 billion in the first half of this year, allowing them to pay down debt, reward shareholders and order new planes.

  • Mongolia, China pledge $10 billion in annual trade Thursday, 21 Aug 2014 | 1:26 AM ET

    ULAN BATOR, Mongolia— China and Mongolia pledged Thursday to almost double their annual two-way trade to $10 billion by 2020 as President Xi Jinping became the first Chinese head of state in more than a decade to visit this sprawling resource-rich nation sandwiched between China and Russia.

  • JUNEAU, Alaska, Aug 20- Alaskan voters appear to have narrowly upheld a new law that cut taxes on oil production and is worth up to $1 billion a year for companies such as ConocoPhillips, BP Plc and Exxon Mobil Corp, according to results available on Wednesday.

  • Alaska oil tax supporters fending off repeal efforts Wednesday, 20 Aug 2014 | 6:56 AM ET

    JUNEAU, Alaska, Aug 20- Alaska voters looked on track to narrowly uphold a new law that cuts taxes on oil production and is worth up to $1 billion a year to companies such as ConocoPhillips, BP Plc and Exxon Mobil Corp..

  • Voters to decide fate of Alaska oil production tax Saturday, 16 Aug 2014 | 11:40 AM ET

    ANCHORAGE, Alaska— Amid a fog of conflicting claims, Alaskans head to the polls Tuesday to decide if the state's old system for taxing oil companies, passed in 2007 after some lawmakers were suspected of bribery, is better than the new system, a tax cut passed last year to try to attract investment from petroleum companies.

  • LONDON, Aug 15- Following four decades of war, sanctions, nationalization and unrest, oil and gas producers are gradually adjusting to rely less on the Middle East. Diversification away from the Middle East is one of the main reasons why oil prices have remained virtually unchanged as unrest has spread across much of the region since 2011..

  • WASHINGTON, Aug 11- A U.S. senator from Alaska concerned about salmon fishing and tourism urged the State Department in a letter released on Monday to help ensure that Canadian metal mines are safe after a major spill of waste into waterways near the Alaska border.

  • *Aeroflot gets overflight fees, shares tumble. MOSCOW, Aug 5- Russian Prime Minister Dmitry Medvedev threatened on Tuesday to retaliate for the grounding of a subsidiary of national airline Aeroflot because of EU sanctions, with one newspaper reporting that European flights to Asia over Siberia could be banned.

  • WASHINGTON, Aug 1- Few people in Washington believe Republicans will try to impeach President Barack Obama.

  • WASHINGTON, July 31- The U.S. Energy Department on Thursday approved Oregon LNG to export liquefied natural gas, as the Obama administration works through applications to export fuel from the domestic drilling boom to markets in Asia and Europe.

  • UPDATE 1-US DOE approves Oregon project to export LNG Thursday, 31 Jul 2014 | 2:33 PM ET

    WASHINGTON, July 31- The U.S. Energy Department on Thursday approved Oregon LNG to export liquefied natural gas, as the Obama administration works through applications to export fuel from the domestic drilling boom to markets in Asia and Europe.

  • LONDON, July 28- "The world of energy may have changed forever," according to Professor James Hamilton of the University of California. "Hundred dollar oil is here to stay." Hamilton, who is one of the most respected economists writing about oil, made his bold prediction in a paper on "The Changing Face of World Oil Markets", published on July 20.

  • CALGARY, Alberta, July 25- Oil from a spill or oil well blowout in the Arctic waters of Canada's Beaufort Sea could easily become trapped in sea ice and potentially spread more than 1,000 kilometres to the west coast of Alaska, a World Wildlife Fund study showed on Friday. The remote Beaufort Sea is a section of the Arctic Ocean that spans the Canada- U.S. border.

  • United Continental Holdings also said it would repurchase $1 billion in stock. Delta Air Lines resumed a dividend and buyback last year and Southwest Airlines also pays dividends. Among the smaller carriers, Alaska Air Group pays a dividend.