The City of Valdez is appealing a decision from the Regulatory Commission of Alaska, the state agency tasked with reviewing a critical piece of BP’s proposed $5.6 billion sale to Hilcorp.
"Hilcorp"
Alaska is exempting some businesses from health mandates. But it’s keeping their plans secret for now.
More than 700 companies in Alaska want exemptions to a public health mandate that quarantined employees coming from out of state. But the state has so far refused to release companies’ plans publicly, even as municipal leaders press for access.
BP’s sale of its Alaska business is in jeopardy, The Wall Street Journal reports
As oil prices crater, banks are hesitant to finance the $5.6 billion deal, according to the Wall Street Journal.
Will the oil price crash disrupt the BP-Hilcorp deal? Alaska state regulators want to know.
State regulators have asked Hilcorp, the independent oil company buying BP’s Alaska assets, to disclose whether and how the pandemic-driven crash in oil prices will affect its ability to seal the $5.6 billion deal.
Wristbands, longer shifts, fever checks: How Alaska oil companies are responding to the global pandemic
Hundreds of businesses have filed plans with the state outlining how they’ll bring out-of-state workers safely into Alaska.
Hilcorp revived this declining North Slope oil field. Can it do the same for Prudhoe Bay?
While many North Slope fields are on the decline, production at Hilcorp’s Milne Point has actually increased by huge amounts. Now the company is acquiring the massive Prudhoe Bay field, raising hopes of a similar revival there.
Endangered Cook Inlet beluga whales continue to decline, and scientists aren’t sure why
In 2008, Cook Inlet beluga whales were listed as endangered. Their numbers still continue to drop: There are fewer than 300 today, and they’re steadily declining.
Switch from BP’s corporate giving to Hilcorp’s employee contributions could be ‘a bucket of cold water’ for nonprofits
Hilcorp’s philanthropic strategy is more about individual employee giving than corporate sponsorship. And, a national expert says, that’ll diffuse the giving and make it harder to predict — at least at first.
Alaska oil tax initiative has enough valid signatures to appear on ballot, election officials say
When the oil tax initiative would appear on a ballot depends on when the Alaska Legislature wraps up its work.
Alaska oil, mining education group alleges former director stole at least $187,000
Alaska Resource Education, which promotes the oil and gas, mining and forestry industries in Alaska’s schools, is suing former Executive Director Michelle Brunner, alleging she embezzled at least $187,000.