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Biden suspends one of Trump's final acts — oil and gas leases in Arctic National Wildlife Refuge

Article content U.S. President Joe Biden’s administration on Tuesday said it would suspend oil and gas leases that were handed out in an Alaska wildlife refuge during the final days of the Trump administration pending an environmental review. The action reverses one of former president Donald Trump’s signature efforts to expand fossil fuel development in the United States and delivers a setback to the Alaskan state government, which had hoped opening the enormous refuge would help rev...
United States Arctic National Wildlife Refuge Knik Arm Donald Trump Beaufort Sea Alan Weitzner

Dept. of Law: No violations found in Penney contract

JUNEAU (AP) — An Alaska Department of Law investigation found there were no violations of state law or regulations in a contract awarded to the grandson of a major donor to an effort to elect the governor in 2018. The law department outlined its conclusions in a Jan. 29 memo about the sole-source contract awarded to Clark Penney, grandson of developer Bob Penney, the Anchorage Daily News reported  Wednesday. Bob Penney gave more than $350,000 to a political group supporting the election...
United States Jonathan Kreiss Tomkins Alan Weitzner Ben Stevens Bob Penney Tom Boutin

No violations found in contract to Dunleavy donor's grandson

No violations found in contract to Dunleavy donor’s grandson by The Associated Press Last Updated Feb 19, 2021 at 9:44 am EDT JUNEAU, Alaska — An Alaska Department of Law investigation found there were no violations of state law or regulations in a contract awarded to the grandson of a major donor to the governor’s 2018 election campaign. The law department outlined its conclusions in a Jan. 29 memo about the sole-source contract awarded to Clark Penney, grandson of developer Bob Penney, ...
United States Jonathan Kreiss Tomkins Alan Weitzner Ben Stevens Bob Penney Tom Boutin

State investigation finds 'no violations' with sole-source contract issued to grandson of Dunleavy donor

Print article JUNEAU — An Alaska Department of Law investigation found “no violations of state law or regulations” after a state-owned corporation awarded a sole-source contract to the grandson of a major contributor to Gov. Mike Dunleavy’s 2018 election campaign. The department’s conclusions were outlined in a Jan. 29 memo from Attorney General-designee Treg Taylor to Dunleavy’s chief of staff, Ben Stevens. The memo reviewed the contract with Clark Penney, grandson of developer B...
United States Ed Sniffen Jonathan Kreiss Tomkins Alan Weitzner Ben Stevens Bob Penney
Source: adn.com

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Alaska development bank forecloses on oil field assets

January 29th |     Leaders of the state development bank now must decide what to do with a failed North Slope oil project in which they have invested $70 million. The Alaska Industrial Development and Export Authority took control of the Mustang project in December following years of fits and starts by former operator Brooks Range Petroleum Corp. that ultimately led the state-owned authority to foreclose on the project assets. Approximately a year ago the AIDEA board of directors approv...
Brooks Range United States Kuparuk River North Slope Bill Walker Majid Jourabchi

We're listening to Alaskans to preserve our state's future

  Although the Alaska Industrial Development and Export Authority, or AIDEA, has been around since 1967, it is true were not exactly a household name. However, AIDEA recently gained attention when it was identified as the successful bidder for multiple tracts in the federal Bureau of Land Managements recent oil and gas lease sale. These tracts are located within the Section 1002 Area designated under the Alaska National Interest Lands Conservation Act, aka ANILCA, a small part of the Arctic N...
City Of Point Hope United States City Of Atqasuk City Of Wainwright Point Hope North Slope

Alaska development bank forecloses on oil field assets after $70 million investment

Alaska development bank forecloses on oil field assets after $70 million investment Published January 21 Share on Facebook Print article Leaders of the state development bank now must decide what to do with a failed North Slope oil project in which they have invested $70 million. The Alaska Industrial Development and Export Authority took control of the Mustang project in December following years of fits and starts by former operator Brooks Range Petroleum Corp. that ultimately led the st...
Brooks Range United States Kuparuk River North Slope Bill Walker Majid Jourabchi
Source: adn.com

US holds first oil lease sale for Alaska's Arctic refuge

JUNEAU, Alaska (AP) — The U.S. government held its first-ever oil and gas lease sale Wednesday for Alaska’s Arctic National Wildlife Refuge, an event critics labeled as a bust with major oil companies staying on the sidelines and a state corporation emerging as the main bidder. The sale, held as scheduled after a judge Tuesday rejected requests by Indigenous and conservation groups to halt the event, garnered bids on half the 22 tracts that were listed as available in the refuge’s coastal...
United States Kara Moriarty Kate Macgregor Donald Trump Beaufort Sea Alan Weitzner
Source: apnews.com

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