Court victory for tax credits; Sinopec under audit for trading losses

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Judge tosses lawsuit questioning constitutionality of tax credit bonds Elwood Brehmer, Alaska Journal of Commerce, January 3, 2019 The small oil companies and banks holding more than $800 million in refundable tax credits scored a victory Wednesday when an Alaska Superior Court judge threw out a lawsuit challenging the state’s plan to sell bonds to pay off those credits. Judge … read more

Headlamp – Outlook 2019:  Alaska oil good, Alaska LNG – broken engagement?  Caribou-boo

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Outlook 2019: Upstream oil exploration, development set to surge in Alaska S & P Global Platts, December 28, 2018 Alaska’s upstream oil industry is expecting to see a surge in exploration and development in 2019 as companies drill to delineate new North Slope and National Petroleum Reserve-Alaska discoveries.  But some are concerned that high-profile federal initiatives, like exploration in the … read more