Legislature passes Alaska Railroad bonding for Agrium 05/20/2007
On May 12 the Alaska House of Representatives concurred with Senate changes to a bill authorizing the Alaska Railroad Corp. to issue up to $2.9 billion in bonds for the Agrium Blue Sky project to repl...

House OKs railroad bonding for Agrium 04/29/2007
The Alaska House passed a bill April 25 authorizing the Alaska Railroad Corp. to issue up to $2.9 billion in bonds to participate in the Agrium Kenai gasification project. House Bill 229, sponsored b...

Agrium teams with Alaska Railroad 03/04/2007
Usibelli, Homer Electric also working Blue Sky project to gasify coal as feedstock for fertilizer plant, produce power for sale
Agrium is in phase 2, front-end engineering design, of its Kenai Blue Sky project, which would use gasified coal as feedstock to replace natural gas for the company's Nikiski fertilizer facility. In a...

PETROLEUM DIRECTORY: COMPANY NEWS IN BRIEF 12/10/2006
Alaska Railroad debuts the AFN Express
During this year's Alaska Federation of Natives convention in Anchorage the Alaska Railroad Corporation celebrated the maiden voyage of the AFN Express, providing free intra-city transit service betwe...

MINING NEWS: Seward weighs coal, other power sources 07/30/2006
City officials in Seward are entertaining the idea of using coal to fuel an electricity generation plant in the Southcentral Alaska coastal town. But Seward's city council is also investigating the m...

PETROLEUM DIRECTORY: Hepworth Agency opens doors to Alaska 01/22/2006
Entrepreneur puts 30 years' experience to work helping Outside companies gain a foothold to doing business in Alaska
Q. Where is Hepworth Agency located? A. My office is located at 612 E. 3rd Ave. in Anchorage, Alaska. Q. What year was the company founded, who founded it, and what was its original name? A. I s...

Petrochemical industry would have big economic impact on Alaska 07/18/2004
Group of faculty at University of Alaska Fairbanks College of Engineering and Mines recommends in-state processing of natural gas liquids from North Slope gas, cites example of Alberta
A consortium of petrochemical producers and engineering firms including Dow, Shell, and Mitsubishi completed an investigation of the feasibility of the development of a petrochemical industry in Alask...

Alaska LNG may be too costly 04/25/2004
An Alaska Department of Revenue memo says proponents of a state- or municipally owned North Slope natural gas project could be basing their pipeline tariff estimates on faulty assumptions, missing the...

Alaska looks to acquire right of way in order to advance ANS gas commercialization 04/11/2004
The state believes it could reduce the financial risk and speed up development of an Alaska natural gas line if it goes ahead and obtains the needed pipeline right of way even before a developer steps...

Propane-air project running out of time 03/21/2004
Propane-air firm continues to have problems starting up in Alaska, Regulatory Commission of Alaska grants third extension in less than three years and is working closely with Montana-Dakota 'concerning an equity position'
The Regulatory Commission of Alaska has granted its third extension in less than three years to a company working to bring natural gas to coastal communities, but also has ordered the company to show...

Alaska Railroad sees money in gas 01/04/2004
Company would use tax-exempt bond issuance fee for gas line to finance track upgrades
The Alaska Railroad Corp. says it would need to upgrade its track and traffic capacity to handle the heavy load of a natural gas pipeline construction project, and it figures it could help pay for the...

Financing option opens for LNG project 10/26/2003
State of Alaska gas authority could look to Alaska Railroad to issue bonds
A possible option if the Alaska Natural Gas Development Authority cannot issue its own tax-exempt bonds to build a gas pipeline might be to ask the Alaska Railroad Corp. to step in and serve as a cond...

Study: LNG line could bring millions in state revenue, local economist disagrees 02/23/2003
Last fall, Alaska voters spoke in favor of a state-run liquid natural gas line from the North Slope to tidewater in Valdez. Sixty-two percent of ballots were cast in favor of Proposition 3, which requ...

Proposed borough fuel transfer tax sparks opposition 06/16/2002
Air carriers threaten suit if fuel transfer tax approved by Fairbanks North Star Borough voters; most of tax would be on jet fuel, say proponents
Che Alaska Air Carriers Association said it will sue the Fairbanks North Star Borough if voters approve a 2-cent-per-gallon fuel transfer tax. Williams Alaska Petroleum Inc., the Alaska Air Carriers A...

Railroad bonding bill on the move 03/31/2002
The Legislature begins consideration of administration proposal to use railroad bonding ability to provide tax-exempt financing for gasline project
Both the House Special Committee on Oil and Gas and the Legislature's Joint Committee on Natural Gas Pipelines are taking a look at the Knowles administration's proposal to use Alaska Railroad Corp. t...

Governor: Tax-exempting bond from railroad could help build gas pipeline 02/17/2002
Conduit financing would provide tax-exempt benefit, but recourse would be against pipeline owners, not railroad: its assets and indebtedness would not be affected
Last year the governor's Alaska Highway Natural Gas Policy Council told the administration that innovative financing would help move a gas pipeline project forward. This month Gov. Tony Knowles respo...

Knowles introduces legislation for railroad bonds to finance Alaska Highway gas pipeline 02/17/2002
Calling an Alaska Highway natural gas pipeline a "national interest" project, Alaska Gov. Tony Knowles sent the Legislature bills Feb. 12 to authorize the Alaska Railroad Corp. to issue up to $17 bill...

Knowles wants tax-exempt bonds for gasline; could shave $1 billion off cost 02/10/2002
Railroad authority to issue bonds which would be used under Knowles plan
Tax-exempt bonds issued by the Alaska Railroad Corp. could be used to shave $1 billion off the cost of a natural gas pipeline to the Lower 48, Gov. Tony Knowles says. Estimates prepared by the state D...

PETROLEUM DIRECTORY: Offshore Divers works subsea for oil and gas industry in Alaska 07/30/2001
With underwater prowess and experience, Offshore Divers repairs anchor systems, fixes docks, finds cracks in pipelines and more
Whether welding a dock or looking for leaks in a gas pipeline, Offshore Divers proves its mettle as a commercial hard hat diving company and marine contractor that handles anything from routine repair...

Alaska Railroad, Lynden inaugurate Seattle to Whittier barge run 04/28/2001
ARR-Lynden alliance on weekly marine railcar transport service is a reunion for top executives of companies
Johne Binkley, chairman of the Alaska Railroad Corp., and Jim Jansen, president of Lynden Inc., met in Anchorage April 4 to inaugurate Lynden's Alaska Railbelt Marine LLC's weekly barge service of rai...