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department of natural resources

In latest sign of North Slope’s evolution, privately owned Texas company targets Chevron’s Alaska assets

In latest sign of North Slope’s evolution, privately owned Texas company targets Chevron’s Alaska assets

A little known Texas company is buying a share of a key North Slope pipeline and asked to buy all of Chevron's oil interests in the region — reviving questions about the Alaska oil industry’s capacity to decommission aging infrastructure and pay damages in the event of a spill.

Small Cook Inlet producers say they need state government help before drilling for new natural gas

Small Cook Inlet producers say they need state government help before drilling for new natural gas

One company, Bluecrest, said it will need more support even after a state agency agreed to forgive some $7 million in loans. Another company, HEX, says it needs the state to agree to a royalty reduction before it will drill a well.