The Trump administration is close to auctioning off drilling rights for the land in northeast Alaska — potentially just days before President-elect Joe Biden takes office in January. But to what degree will the industry participate?
"Prudhoe Bay"
Conflicting claims, big money at heart of debate on Alaska’s oil taxes
Supporters say Ballot Measure 1 would fix Alaska’s oil tax law and fill the state’s deficit. But those opposed argue it would lead to less investment in Alaska and jeopardize the state’s economy.
A flurry of lawsuits aim to stop drilling plans in Alaska’s Arctic. So what’s next?
The recent lawsuits over drilling in the Arctic National Wildlife Refuge and National Petroleum Reserve are a lot to keep track of. Casey Grove spoke to Tegan Hanlon to try to sort it all out.
COVID-19 cases grow at North Slope oil fields, Anchorage Pioneer Home, as state confirms 86 positives
State and oil company officials confirmed 13 cases of COVID-19 between two different North Slope oil fields, as Alaska reported 86 new cases of the virus Thursday.
State gives Italian oil giant six more months to make $2.7M rent payment on Alaska leases
It’s the third time DNR has granted such an extension in the past three months, citing the coronavirus pandemic’s impact on the oil industry.
Hilcorp to quietly take over BP’s stakes in Prudhoe Bay and other oil field assets
Hilcorp Energy Company will take over BP Alaska’s oil and gas leases within Point Thomson, Milne Point and the massive Prudhoe Bay oil field. The transfer is expected to happen around midnight, and marks the close of a major part of the $5.6 billion deal first announced by the oil companies last August.
BP has a new online platform to track out-of-state workers’ health. And it wants to share it with other companies.
The coronavirus pandemic has forced companies to do business differently and, in some cases, monitor their employees’ health closer than ever.
Hilcorp, BP want many of their answers to state regulators’ questions kept confidential
As oil and gas company BP presses ahead with the sale of its Alaska business to privately-held Hilcorp, questions loom around how low oil prices are impacting the deal. On Monday, the companies released answers to a state agency that’s scrutinizing a key piece of the transaction, but with a catch: The companies and their…
BP says sale to Hilcorp is still on, but under revised terms
In a statement late Sunday, BP confirmed its commitment to close the multi-billion dollar sale.
Industry groups are suing the people behind the oil tax ballot initiative, arguing they gathered signatures illegally
The oil tax initiative would raise the minimum tax and eliminate oil tax credits for Alaska’s largest legacy fields: Prudhoe Bay, Kuparuk and Alpine.