Health care

Health care

Federal rural health payments cut Funding is being cut in the Federal Communication Commission’s Rural Health Care program, jeopardiz- ing nancial support for telecommunication services to small rural hospitals. Cordova’s hospital, the Cor- dova Community Medical Center, is facing an imme- diate problem, with Alaska Communications System threatening to cut service to the facility on June 30 if a $964,370 bill isn’t paid. This affects medium-sized hospitals like Central Peninsula in Soldotna as well as small hospitals. This is a…

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Petroleum

Petroleum

ConocoPhillips: Willow likely big ConocoPhillips appears to have all but decided on “stand-alone” oil processing facilities for its Willow oil discovery in the northeast National Petroleum Reserve-Alaska. This is significant in that it would require a multi-billion-dollar new investment by the company in years following 2020, which allows time for regulatory approvals, and that it would extend support infrastructure into the northeast NPR-A, which would help make other discoveries in the area economically viable. Willow’s discovery was first announced in…

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Business Intelligence

Business Intelligence

New downtown Anchorage residential project underway Site preparation has started on a long-planned $17 million downtown Anchorage high-end residential development project. “Downtown Edge” will offer 35 townhouse-style condominiums. It is the rst new residential construction in downtown Anchorage in many years, city of cials said, and marks the rst part of a downtown revitalization. The project is on Alaska Railroad Corp. land on Second Avenue, near the industri- al Ship Creek area. Peterson Group is developing the project. Phase one…

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Minerals

Minerals

Pebble says it will replace First Quantum Minerals for mine Northern Dynasty Minerals Ltd. and First Quantum Minerals Ltd. terminated an agreement under which First Quantum would have become a partner in Northern Dynasty’s large Pebble copper/gold project southwest of Anchorage. Northern Dynasty First Quantum were unable to reach agreement on the option and partnership transaction contemplated in the December 15, 2017 framework agreement between the parties. Opponents to the mine were quick to celebrate: “Today is a victory for…

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Energy

Energy

Siemens: LNG to Fairbanks Siemens and a joint-venture of two Mat-Su Alaska Native organizations, the Knik village corporation, Knikatnu Inc. and its tribal partner, Knik Tribe, have made an offer to supply liquefied natural gas to the Interior Gas Utility at a price of $12.60 per thousand cubic feet, or mcf, which would be about $15.50/ mcf once gas is delivered through IGU’s distribution system to customers. If the IGU makes the decision to proceed, the plant could be built…

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ANWR lease sale could come as early as July, 2019

ANWR lease sale could come as early as July, 2019

A federal lease sale in the Arctic National Wildlife Refuge could come as early as July, 2019. Joe Bal- ash, Assistant Interior Secretary for Lands and Min- erals, said the Environmental Impact Statement and Record of Decision for leasing is to be complete by late spring. The lease sale comes after that, Balash said in a brie ng Thursday, May 30. The federal Tax and Jobs Act of 2017 requires that two ANWR sales be held with not less than…

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NGO investor lobbying appears to pay on Pebble

NGO investor lobbying appears to pay on Pebble

Conservation groups are employing a new tactic to ght major projects, and it appears to be having an effect with large public companies sensitive to reputation. This was likely a factor in First Quan- tum Minerals’ decision not to exercise an option on Pebble Mine (see page 3). Pebble opposition groups including tribal entities from Bristol Bay and the Natural Resource Defense Council, a ma- jor conservation organization, mounted an intense lobbying campaign on First Quantum’s manage- ment to exit…

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Prices, projects: Things looking up a little in Alaska’s oilpatch

Prices, projects: Things looking up a little in Alaska’s oilpatch

Things are looking a little brighter in Alaska’s oilpatch? Job numbers have not yet ticked up and in fact they’re still slipping, though modestly now, after big cuts made in 2016 and 2017 as producing companies adjusted to the world of lower prices. But prices are rising, after a long slump. Even during the slump a number of new projects were being worked on and the brighter price outlook should cause some companies to push the green button on their…

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What a contrast! Legislators orderly, civil as they close 2018 session

What a contrast! Legislators orderly, civil as they close 2018 session

Was this a virus whipping through the state capitol in Juneau? As the Legislature shut down last Saturday, May 12, odd things happened: There was civility, cooperation, bipartisanship, and good feelings. “The House and Senate and both (Democrat and Republican) caucuses really came together this year,” House Speaker Bryce Edgmon said as the session ended. Things were much different than last year, when the House and Senate, Republicans and Democrats, were all at each others’ throats. There were extended special…

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Fisheries

Fisheries

Togiak herring shing underway Windy weather hampered the start of the Togiak herring fishery and only 955 tons were landed in the rst two days of shing. The quota is 24,042 tons this year. Department of Fish and Game officials typically allow shing until the quota is neared. *** Salmon campaigns: big bucks The Yes for Salmon and Stand for Alaska campaign fund-raising is off and running even with the Alaska Supreme Court decision on the legality of the Yes…

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