The flooding in Valdez is causing some problems for the Alyeska pipeline. The pipeline was shut down for about ten hours Tuesday due to flooding in Valdez. Alyeska pipeline officials say the water washed out some communication lines with safety valves that kick in if there is an oil spill.
The founding president of Alaska's Future says the nonprofit group was created as a front for the state's three largest oil companies. The organization describes itself as a nonpartisan group of pro-business young Alaskans.
PHILADELPHIA - Sovereign Bancorp Inc.'s long-running chief executive resigned amid pressure from shareholders unhappy about the sale of a major stake to a Spanish banking giant, the company said Wednesday.
The trans-Alaska oil pipeline has been restarted after being shut down for almost ten hours. The 800-mile line came back online at 1:40 Tuesday afternoon. Prudhoe Bay remains in shutdown mode, however, after a power outage caused by high winds forced oil giant BP to close operations.
The operator of the trans-Alaska oil pipeline says the line was shut down Tuesday morning after it lost communications to remote valves that close in the event of a spill. Mike Heatwole is a spokesman for Alyeska Pipeline Service Company, operator of the 800-mile pipeline.
A steep section of the trans-Alaska oil pipeline sporadically vibrated for weeks because of a sharp reduction of crude flowing through the line after a partial shutdown at Prudhoe Bay.
Alaska radio station, KNBA, the only Native urban radio station in the nation, announced some milestones Friday. The radio station, owned and operated by Koahnic Broadcasting Corporation, turned 10-years-old this month and celebrated by announcing a new one-of-a-kind online radio service.
The shutdown of a satellite field on Alaska's North Slope will not stop BP from beginning the process of cleaning out a corroded transit line in the nation's largest oil field. A company spokesman says they will start running a series of maintenance pigs this September 30.
