As Kaktovik has seen immense economic and rural growth, leaders in the village see a pathway for oil and gas projects to ...

Point Thomson operator Hilcorp Alaska is planning work at the unit to prepare for future drilling activity. No date is given for drilling, but projects to prepare for drilling are in 2025 and 2026, ...

Fossil Fuels Fifteen Years After Largest U.S. Offshore Oil Spill, Researchers Reveal Most-Polluting Rigs Satellite imagery shows the worst sites worldwide for oil slicks and methane emissions.

Turbulence has returned to the oil market this year. Oil prices have tumbled more than 15%, weighed down by the uncertain impact of tariffs and other factors. As a result, the price of the global ...

In the fourth quarter of last year, Exxon’s net production of crude oil, natural gas liquids, bitumen and synthetic oil averaged 3.213 million barrels per day, and in the first quarter of 2024 ...

Later this spring, barges of heavy equipment will pull away from a launch on Alaska’s road system and begin a journey up the Yukon River. More than 100 miles upstream, a tributary, Birch Creek, ...

But Exxon pulled out of the region after its major 1989 oil spill near Valdez. Studies continued, however. Doyon contractors have collected hundreds of sediment and soil samples throughout the basin.

Hilcorp has signed oil leases with Doyon, the Indigenous-owned corporation for Interior Alaska. But there’s intense opposition from local tribes.

Alaska oil and gas analyst Larry Persily said the timeline for the potential project is a lengthy one, and not a quick return by any means. In an interview with Alaska’s News Source in early 2024, ...

In 1994, a federal jury in Anchorage, Alaska, ordered Exxon Corp. to pay $5 billion in punitive damages for the 1989 Exxon Valdez oil spill, but the U.S Supreme Court later reduced that amount to ...

In April 2010, an oil well on BP's Deepwater Horizon rig exploded, killing 11 people and leaking 134 million gallons of crude oil into the Gulf of Mexico.