The first in a series of newly mandated oil and gas lease sales for federal waters of Alaska’s Cook Inlet received no bids, agency officials said on Wednesday. The U.S. Bureau of Ocean Energy ...

Add Yahoo as a preferred source to see more of our stories on Google. ConocoPhillips' CD-5 drill site is one of the existing extensions to the company's major Alpine development on Alaska's North ...

The Alaska headquarters of Prudhoe Bay operator Hilcorp in Midtown Anchorage is seen on Feb. 7, 2024. The Alaska Oil and Gas Conservation Commission assessed a fine of $695,900 against the company for ...

Aug. 30—One of Alaska's largest oil field projects is nearly 60% constructed and will begin producing oil within two years, the head of Santos told a conference room of industry representatives in ...

This day in US history saw pivotal moments. Coca-Cola bottles first appeared. A Supreme Court justice was impeached.

The state’s annual North Slope oil and gas lease sale drew brisk bidding that was dominated by small independent companies, some of which were new entrants to Alaska, officials reported on Wednesday.

For decades, oil has been the backbone of the economy in Alaska. Production from major fields like Prudhoe Bay Oil Field once ...

Even before becoming a state, Alaska was an oil producer. The Swanson Oil Field was discovered in 1957, bringing petroleum company interest right on the heels of the writing of the Alaska state ...

Alaska regulators have assessed a $695,900 fine against Hilcorp for violations at two wells in a North Slope oil field that is a satellite of the giant Prudhoe Bay field. Hilcorp violated regulations ...