Elwood Brehmer

  • Alaska’s money managers are off to a solid start in the first months of the state fiscal year. The Alaska Permanent Fund Corp. announced Monday that it earned a 3.86 percent return, or $2 billion, in the first quarter of the 2017 fiscal year on its namesake fund, which had a total balance of $54.8...

    Wed, 11/30/2016 - 12:25pm
  • The shakeup in state House control seemingly gave Gov. Bill Walker allies in leadership positions on fiscal issues, but the upcoming session will still be an uphill battle on the Alaska LNG Project. Anchorage Democrat Reps. Andy Josephson and Geran Tarr will co-chair the House Resources Committee, t...

    Tue, 11/22/2016 - 11:24am
  • Although the Alaska House has organized a bipartisan caucus, the Alaska Senate will look much the same as it has for several years, but it will be led by Fairbanks Republican Sen. Pete Kelly as the state’s new Senate president, taking over for Anchorage Republican Sen. Kevin Meyer. Sen. Gary Steve...

    Wed, 11/16/2016 - 2:14pm
  • Gov. Walker stops short of selling pension bonds The Walker administration has put its plan to sell up to $3.3 billion in pension obligation bonds on hold. Gov. Bill Walker said Tuesday in a statement from his office that concerns from the members of the Senate Finance Committee about the proposal l...

    Fri, 10/28/2016 - 8:25am
  • 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 - 2:17pm
  • 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 - 12:51pm
  • 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 - 1:46pm
  • 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 - 1:44pm
  • 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 - 9:13am
  • 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 - 9:17am

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Lupin bloom at the head of the bay

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