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 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.
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.