Elwood Brehmer

  • Caelus Energy announced Tuesday that it is sitting on 6 billion barrels of oil on the western North Slope, a prospect CEO Jim Musselman said he expects will continue to grow. The prospect is Smith Bay, a remote inlet of state-owned water more than 100 miles west of current Slope infrastructure. Muss...

    Wed, 10/05/2016 - 3:17pm
  • The Permanent Fund unofficially grew a modest 1.35 percent on a $52.8 billion portfolio in fiscal year 2016, the result of a volatile 12 months for public financial markets, according to Fund leadership. Alaska Permanent Fund Corp. Executive Director Angela Rodell said during an Aug. 18 meeting of t...

    Thu, 09/01/2016 - 1:51pm
  • Furie Operating Alaska is taking the first steps towards adding an oil platform to its Kitchen Lights gas development in Northern Cook Inlet. Furie Senior Vice President Bruce Webb said in an interview the company plans to re-enter the KLU-4 well roughly six miles north of the Julius R platform the ...

    Wed, 07/06/2016 - 2:46pm
  • Gov. Bill Walker’s cabinet is finally whole again. Walker introduced Anchorage attorney Jahna Lindemuth as Alaska’s new attorney general at a Tuesday afternoon press conference. Lindemuth replaces former Attorney General Craig Richards who resigned abruptly June 23 citing personal reasons. Walke...

    Wed, 06/29/2016 - 2:44pm
  • This Legislature’s fourth special session began midday Monday when legislators were given bills to address two of Gov. Bill Walker’s 10 original agenda items. Those bills were an omnibus tax bill and a seemingly noncontroversial bill providing health insurance to families of emergency responders...

    Thu, 05/26/2016 - 10:13am
  • The state Division of Oil and Gas wants significantly more information from Prudhoe Bay field operator BP and its fellow working owners on how a scaled-back work plan for this year could impact prospects for a gasline down the road. Oil and Gas Director Corri Feige wrote a letter to senior BP Alaska...

    Thu, 05/05/2016 - 10:17am
  • It has been three weeks since legislation to scale back Alaska’s oil and gas tax credit program took a big step backwards to the House Rules Committee. In the meantime Rules chair Rep. Craig Johnson, R-Anchorage, has put forth two very similar versions of House Bill 247 that would all but eliminat...

    Thu, 05/05/2016 - 10:15am
  • Most state employees will give up some, but not all, pay increases in the latest round of union contracts before the Legislature for approval. Nearly 75 percent of executive branch employees will forgo cost of living allowance, or COLA, raises under the three-year agreements negotiated with the Labo...

    Thu, 04/28/2016 - 11:20am
  • Alaska Airlines keeps making news, seemingly for all the right reasons. The company announced a $4 billion deal to purchase Virgin America April 4, a deal that when finalized will make Alaska the fifth-largest domestic carrier. Spokesman Tim Thompson said to Anchorage Chamber of Commerce members Apr...

    Thu, 04/21/2016 - 10:29am
  • The back-and-forth over who will pay what to state retirement plans has caused plenty of consternation in Juneau the last two weeks, but a new study concludes the debate would be unnecessary if Alaska had just followed its own guidelines the last time state pensions were reformed....

    Thu, 04/14/2016 - 10:05am

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Lupin bloom at the head of the bay


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