Tegan Hanlon, Alaska's Energy Desk - Anchorage

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ConocoPhillips cuts spending in Alaska by another $200M as oil prices sink

ConocoPhillips said Thursday that it will cut capital spending in Alaska by another $200 million as demand plummets and oil prices tumble to an 18-year low. That’s on top of a $200 million reduction the oil giant announced last month.

Valdez challenges RCA’s decision to keep Hilcorp finances confidential

The City of Valdez is taking a fight to have Hilcorp reveal its finances to state Superior Court in Anchorage.

Industry trade groups sue backers of Alaska oil tax initiative, argue signatures invalid

The industry groups claim that some signature gatherers were paid more than $1 per signature, in violation of state law. But supporters of the initiative ardently deny the allegations, calling them baseless.

BP’s sale of its Alaska business is in jeopardy, The Wall Street Journal reports

Banks have balked at financing the $5.6 billion deal, the newspaper reported on Thursday.

ConocoPhillips shuts down North Slope drilling over coronavirus concerns

The impacts of the coronavirus continue to reverberate across Alaska, including its oil fields.

Prudhoe Bay worker tests positive for COVID-19, BP says

The worker is an Alaska resident who had traveled out of state, according to Alaska's health commissioner.

Wristbands, longer shifts, fever checks: How Alaska oil companies are responding to the global pandemic

While work is continuing on Alaska’s remote North Slope, oil and gas companies say it’s not business as usual. They’re taking new precautions to keep the virus away.

Switch from BP’s corporate giving model 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 initiative would appear on a ballot depends on when the Alaska Legislature wraps up its work.

As it prepares to exit the state, BP donates nonprofit meeting space in Anchorage to community foundation

The Alaska Community Foundation says it will maintain the energy center as a free meeting space for at least the next 20 years.

Conoco shelves proposal to build a temporary island after criticisms from North Slope

Conoco says this is how the environmental review process is supposed to work: Communities provide input, and companies respond.

Alaskans split over proposed BP sale during six hours of public comment

The meeting Tuesday marked the first time Alaskans could provide in-person comments to the state regulatory commission that's overseeing a portion of the pending $5.6 billion sale.

Should you get an engine heater? Here’s why Anchorage auto shops and air quality experts say yes.

It reduces wear and tear on your engine and reduces carbon emissions, they say.

RCA says it needs another month to consider Hilcorp’s confidentiality request

Hilcorp is planning to buy BP's entire Alaska business, and it wants its financial records kept private.

Sullivan, Young support killing of Iran general; Murkowski has no statement

The Republican lawmakers' reactions to the death of Iran's powerful commander joined a chorus of responses Friday to the controversial killing.

Anchorage has its warmest New Year’s Eve on record, but snow and cold are on the way

The weather service says a powerful cold front is moving up Cook Inlet and “will bring back winter in a hurry."
The BP Building in Anchorage.

Economists say the loss of BP jobs will be significant, but ‘not disastrous’ for Alaska’s economy

BP, which has been a major employer in Alaska for decades, is planning to sell all of its assets in the state to Hilcorp, a smaller, private company.

Alaska governor creates oversight committee for BP sale

“The purpose is to make sure the State of Alaska and its people are represented as this transaction moves forward,” said the governor’s office.