Tag: Alaska North Slope

TransCanada exit from Alaska official; state’s project buyout complete

TransCanada exit from Alaska official; state’s project buyout complete

Alaska bought out TransCanada interest for US$64M CALGARY _ TransCanada Corp. has exited an Alaska liquefied natural gas project, with the state buying out the company’s interest for US$64.6 million. In a special session earlier this month, the state legislature approved funding to take on a bigger stake in the project and, on Wednesday, Gov. […]

By November 25, 2015 0 Comments Read More →
Alaska oil dividend payout $2,072 for every resident

Alaska oil dividend payout $2,072 for every resident

Alaska oil dividend comes from permanent fund separate account ANCHORAGE, Alaska –¬†Oil prices are so low, they’re hovering at benchmarks not seen in years, plunging oil-dependent Alaska into a crippling budget deficit. But the industry’s woes won’t affect the payout from the state’s oil investment account to Alaskans even though state government has been scrambling […]

By September 21, 2015 0 Comments Read More →