After 10-year truce, a major tax dispute looms over the trans-Alaska pipeline system Hundreds of millions of dollars in property taxes for the state, the North Slope and Fairbanks boroughs and the city of Valdez could be at stake.
More Alaska crude flows to Asia as Strait of Hormuz stays shut Two tankers have departed Valdez for Asia in recent weeks — the same number that shipped oil to Asia in all of 2025.
A giant lease sale could launch a new era of oil on Alaska's North Slope Two huge companies thought to have little interest in Alaska investment, Shell and ExxonMobil, spent millions to buy new leases on the North Slope — though drilling still faces obstacles.
A major new Arctic oil field prompted a deal to protect caribou. Then Trump officials backed out. In December, the Interior Department scrapped an agreement with the village of Nuiqsut to restrict oil development near important caribou grounds. Now, the village is suing.
ConocoPhillips says North Slope drilling will continue mostly as planned after rig collapse The company said it will replace “The Beast” with another Doyon rig.
Alaska's oil renaissance has arrived at the doorstep of an Iñupiaq village 'Do you want your kids to see a drilling rig right outside your window?' asked one local leader in Nuiqsut.
A feud is escalating over Big Oil’s plans to protect Prince William Sound from another spill The city of Valdez and the owner of the trans-Alaska pipeline are locked in a dispute over environmental protections at the state’s crude oil shipping port.