Top News & Analysis Alaska

  • Feb 18- A federal judge ruled on Tuesday that some of the claims raised by South Carolina in a lawsuit against the Trump administration over seismic tests for oil and gas deposits in Atlantic waters may proceed, but dismissed four others. District Judge Richard Mark Gergel in South Carolina ruled that the state's claim that President Donald Trump lacked the...

  • GEORGETOWN, Feb 14- Guyana's ruling party on Friday said it would distribute some of the country's newfound oil wealth directly to citizens through cash transfers should it win re-election in the upcoming March 2 vote. "Guyana is about to start receiving significant revenue from our new oil and gas sector," prime ministerial candidate Khemraj Ramjattan wrote...

  • WASHINGTON, Feb 13- A group aiming to spur climate change legislation that would tax carbon emissions stepped up efforts by issuing a blueprint on Thursday after previewing it with a group of bipartisan U.S. senators earlier this week. The Climate Leadership Council's plan https://clcouncil.org aims to halve carbon emissions by 2035 from 2005 levels with a...

  • CHICAGO, Feb 13- American Airlines Group Inc said on Thursday it would launch its first direct U.S. flight to Bangalore from Seattle, a new route meant to meet corporate customers' demand for travel to the center of India's high-tech industry. Alaska Airlines is one of the biggest operators of flights along the West Coast, where businesses from Seattle to San Diego...

  • WASHINGTON, Jan 29- A group of U.S. institutional investors urged energy, timber and mining companies on Wednesday not to take advantage of Trump administration rollbacks of environmental regulations, such as moving operations into public lands that are being opened up. President Donald Trump has rolled back some protections on public lands including in...

  • The Pentagon plans to pick one or more winners to receive funding to build a pilot plant to process so-called heavy rare earths, a less-common type of the specialized minerals used in weaponry. UCore and Materion are effectively betting that by merging their areas of expertise, their application will be more appealing to the Pentagon. The U.S. military's...

  • Dec 18- Australia- listed Oil Search said on Wednesday it would start the preliminary engineering work at its Pikka unit in Alaska in early 2020 and has begun search for buyers for up to 15% of its 51% stake in the unit and nearby exploration leases. The progress into front-end engineering and design phase at the oilfields is subject to approval from joint venture...

  • Dec 18- Oil Search said on Wednesday it has approved the progress of its Pikka unit in Alaska into preliminary engineering work, which it expects will commence in early 2020..

  • SB 6am dunleavy politics impeachment CM 191217 EC

    The House of Representatives is poised to vote on the impeachment of President Trump this week. Alaska Governor Mike Dunleavy (R) joins CNBC's "Squawk Box" to discuss the vote as well as the other top political headlines of the day.

  • ANCHORAGE, Alaska, Dec 11 (Reuters)- The United States held its most successful Alaska oil and gas lease sale in more than a decade, officials said, with the majority of bids coming from a new player, North Slope Exploration LLC. There were more than $11 million in total high bids for about 1 million acres (0.4 million hectare) in the National Petroleum Reserve of Alaska (...

  • ANCHORAGE, Alaska, Dec 11- This year's sale of federal oil leases in Alaska's petroleum reserve was its most successful in more than a decade, U.S. officials said, with the majority of bids coming from a new player, North Slope Exploration LLC. There were more than $11 million in total high bids for about 1 million acres in the National Petroleum Reserve of Alaska,...

  • Dec 11- The U.S. Army plans to fund construction of rare earths processing facilities, part of an urgent push by Washington to secure domestic supply of the minerals used to make military weapons and electronics, according to a government document seen by Reuters. China, which refines most of the world's rare earths, has threatened to stop exporting the...

  • ANCHORAGE, Alaska, Dec 9- Alaska North Slope oil production has slipped below 500,000 barrels per day and will decline further in coming years, squeezing the state's budget until new oil fields start operating, according to the latest forecast released by the state Department of Revenue. "These developments are still contingent on final investment decisions...

  • NEW YORK, Dec 9- A lovelorn singing whale, a world-famous feline sourpuss and ravenous goats credited with thwarting a dangerous California wildfire were among animals whose escapades across the United States made news in 2019.. WORLD'S FIRST AIRPORT THERAPY PIG HOGS CALIFORNIA LIMELIGHT. A voracious goat herd may burp and bow after being credited with...

  • NEW YORK, Nov 29- U.S. crude oil production in September rose to a new record of 12.46 million barrels per day from 12.397 million bpd in August, the U.S. government said in a monthly report on Friday. Oil output in Texas rose 72,000 bpd in September, while production in North Dakota and the Gulf of Mexico fell during the month. In Texas, the biggest gas producing state,...

  • ANCHORAGE, Alaska, Nov 22- Environmentally sensitive but potentially oil-rich areas of Arctic Alaska will be opened to oil development under a new Trump administration proposal to undo Obama-era protections. The proposed changes are described in a draft environmental impact statement for managing the National Petroleum Reserve in Alaska, a 23...

  • WASHINGTON, Nov 14- President Donald Trump's pick to run the U.S. Energy Department faced questions on emissions from energy operations and the future of nuclear power at his U.S. Senate confirmation hearing on Thursday, but was greeted warmly by senators from both parties who want to see him quickly confirmed. Dan Brouillette, 57, a former lobbyist at Ford Motor...

  • One possible location is London, where the two leaders could meet after a NATO summit that Trump is due to attend from Dec. 3-4, the official said. Other sites are possible in Europe and Asia, but the former is more likely, with Sweden and Switzerland among the possibilities. The official said China was believed to see a quick deal as its best chance for favorable terms,...

  • Nov 6- Gold prices inched up on Wednesday, after slipping more than 1% in the previous session, as investors awaited further clarity on the U.S.- China trade talks. *Asian shares were little changed as investors awaited new developments toward scaling back a bruising trade war between the United States and China. *Washington and Beijing are working to narrow...

  • WASHINGTON, Nov 5- The United States and China are working to narrow their differences enough to sign a "phase one" trade deal as early as this month, but suggestions for a signing venue range from Alaska to Greece. On the other hand, one Chinese official said Beijing was floating the possibility of a meeting in Greece, where Xi is due to arrive on Sunday, after which he...