ARCO Alaska Inc. has started the first production from an oil field discovery on the North Slope since 1987. Flow of about 3,000 b/d of oil from a single well in West Beach field began Apr. 8, ...

Add Yahoo as a preferred source to see more of our stories on Google. Jun. 16—State transportation officials have shut down the 400-mile road to Alaska's oil fields due to "a significant flooding ...

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This article has been updated to correct the spelling of Luke Saugier’s last name. Hilcorp Energy Co. said on Wednesday it has struck a deal to buy the Alaska assets of the Italian oil company Eni SpA ...

Italian oil major Eni has reached a deal with Caelus Energy to buy the small independent out of the Oooguruk North Slope field. Eni announced Thursday that it will acquire Caelus’ 70 percent in ...

HOUSTON, Jan. 3-- ConocoPhillips and Anadarko Petroleum Corp. plan to develop two Alpine satellite oil fields on Alaska's North Slope on the border of the National Petroleum Reserve-Alaska after ...

The UK supermajor will sell its entire stake in the Endicott and Northstar fields and 50% interests in both the Liberty and the Milne Point fields. The deal also includes all of BP’s interests in the ...