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.
Hilcorp chairman: We’re going to Venezuela Two big players in Alaska’s oil industry say they’re keen on investing in post-Maduro Venezuela.
A small Texas firm is gearing up for a $150 million search for oil beneath the Arctic Ocean Narwhal Exploration is one of three small, privately owned companies with offshore leases in West Harrison Bay, a promising but largely unexplored area once controlled by Shell.
Above the Yukon River, on Native land, Hilcorp is set to drill for oil this summer Hilcorp has signed oil leases with Doyon, the Indigenous-owned corporation for Interior Alaska, which hopes the drilling effort will yield the state’s next big oil field. But there’s fierce opposition from local tribes.
In Norway, a fossil fuel feud at a celebration of the national sport A standoff between World Championships organizers and Norwegian climate advocates is threatening to mar an otherwise impeccably executed event.
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 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.