Business

  • The City of Seward hopes to break ground on its new harbor and breakwater in October, provided it can get a contractor in time. The in-water infrastructure will be the backbone of the Seward Marine Industrial Center that will someday take advantage of several hundred acres of city-owned uplands, com...

    Wed, 05/20/2015 - 2:53pm
  • ANCHORAGE — Royal Dutch Shell’s Arctic drilling program has cleared a major bureaucratic hurdle to begin drilling for oil and gas off Alaska’s northwestern coast this summer. The Bureau of Ocean Energy Management on Monday approved the multi-year exploration plan in the Chukchi Sea for Shell a...

    Thu, 05/14/2015 - 10:37am
  • ANCHORAGE — An aging baby boomer population and a stagnate birthrate have caused Alaska’s population to fall for the first time since the 1980s recession. The population dropped by 61 people between July 2013 and July 2014 for the first time since 1987-1988. More people left Alaska than arrived ...

    Thu, 05/14/2015 - 10:34am
  • ANCHORAGE — Marine surveying will start again this summer near Alaska’s coastal communities in a wide-reaching effort to improve communications by laying a $700 million fiber-optic cable linking Europe and Asia through the Arctic Ocean. The Alaska Dispatch News reports lingering sea ice in Canad...

    Thu, 05/14/2015 - 10:34am
  • ‘Get To Know Homer’ training set for May 20 The Homer Chamber of Commerce and Visitor Center will host the annual “Get to Know Homer” summer tourist season kick-off training on Wednesday, May 20, at the chamber. ...

    Thu, 05/14/2015 - 10:33am
  • After two days of meetings in Kenai City Hall between Kenai administrators and regional and national officials from the Army Corps of Engineers, the two parties presented an agreement to share the cost of a study crucial to a collaboration between Kenai and the Corps to halt bluff erosion....

    Thu, 05/14/2015 - 10:31am
  • Bidding was modest in the state’s annual Cook Inlet areawide lease sale held May 7, a symptom of low crude oil prices and a limited regional market for natural gas. The state Division of Oil and Gas auctioned seven oil and gas leases May 7 to three companies. Hilcorp Energy LLC and AIX Energy LLC,...

    Thu, 05/14/2015 - 10:30am
  • The Alaska Industrial Development and Export Authority has given approval for a $30-million financing package that will allow BlueCrest Energy to begin drilling and development at its Cosmopolitan offshore oil project in Cook Inlet. BlueCrest will have construction of onshore facilities under way in...

    Thu, 05/14/2015 - 10:28am
  • Congressman Don Young, never a friend to environmentalists but never before a foe of fishermen, is coming under fire for his proposed changes to the Magnuson-Stevens Act, the primary tool used to manage federal fisheries....

    Thu, 05/14/2015 - 10:22am
  • Homer Electric Association customers should see rates stabilize in the near future, general manager Bradley Janorschke said at HEA’s annual meeting last Thursday in Homer High School’s Mariner Theatre. “The good news is I honestly think things are stabilized,” he said at a presentation at th...

    Thu, 05/14/2015 - 10:20am

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Lupin bloom at the head of the bay

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