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Shell's $70 billion takeover could herald wave of mergers

...prices.Shareholders seemed to think that Shell did not get much of a discount for BG, however, despite the low oil and gas prices. Shares in Shell were down about 7 percent Wednesday while those in BG Group soared 32 percent.BG shareholders...
Juneau Empire Story Archive

...poised to block the $30 billion BP-Arco merger in court, saying the combined company would control West Coast oil and gas prices. But hours before the new deal was publicly consummated in Anchorage Wednesday, the commission said it was putting...
Juneau Empire Story Archive

...profit Tuesday, thanks to higher oil and gas prices, better refining margins and...profit Tuesday, thanks to higher oil and gas prices, better refining margins and...profit Tuesday, thanks to higher oil and gas prices, better refining margins and...
Report says Alaska gas line unlikely by 2020

ANCHORAGE - A new report from a prominent energy consulting firm says there is little chance that Alaska will see construction of a natural gas pipeline to the Lower 48 anytime soon. Massachusetts-based Cambridge Energy Research Associates concluded that in only one of four scenarios would a new Alaska gas line reach consumers by 2020. And that's only if gas prices stay high for 10 years.
Oil or Alaskans: Who does Sean Parnell represent?

...between $21 billion and $53 billion because it got saddled with a royalty relief provision from the Clinton era when oil and gas prices and industry profits were much lower than they are today. It's not realistic to expect the oil companies to return...
Parnell to decide by May 1 on gas tax bill

...Legislatures didn't touch the current tax scheme, and oil and gas prices remained far apart, "defying fundamental economic...highly convincing, based on projections for future oil and gas prices that may or may not happen. It could be at least...
Gov. Parnell vetoes gas tax bill the wrong direction," he said. Administration officials told legislators that under certain combinations of oil and gas prices the bill would be a tax increase, and in others it would be a decrease. Senate Bill 305 was sponsored by Sen...
Energy the focus at governor forum

...himself as a "Constitutional Christian conservative," focused on having a state-run cooperative to stabilize oil and gas prices. Hlatcu, an Anchorage engineer, touted transportation projects, including an improved railroad network. Little...
Enstar projects natural gas rate drop

...regulatory process, the utility passes that cost to its customers, adjusting rates for the cost of gas once per year. Oil and gas prices rose earlier this decade with oil hitting historic highs last year. Enstar rates have more than doubled since 2004...
BP Amoco's quarterly profit more than doubles

LONDON - BP Amoco PLC posted a 164 percent jump in its second-quarter profit Tuesday, thanks to higher oil and gas prices, better refining margins and continued cost savings. Earnings from Atlantic Richfield Corp., which BP Amoco acquired...


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