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Alaska runs on oil. From providing jobs to contributing directly and indirectly to economies statewide, oil and gas companies are crucial to Alaska’s fiscal well-being. Alaska Business is an advocate for responsible resource development and as such we report on the oil and gas industry as it pursues projects that are environmentally sound, benefit local communities, and are profitable.

Latest Oil & Gas News

Public Meetings Slated for Draft Analyses of Two Proposals: Willow Development Plan & Ambler ‘Road to Resources’

Public Meetings Slated for Draft Analyses of Two Proposals: Willow Development Plan & Ambler ‘Road to Resources’

The Bureau of Land Management is seeking feedback through public meetings and comments on the proposed Willow Master Development Plan and Ambler Mining District Industrial Access Road Draft Environmental Impact Statements (EISs), both of which the Bureau of Land Management (BLM) made available for public review and comment and published in the Federal Register.

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BP to Sell Alaska Business to Hilcorp

BP to Sell Alaska Business to Hilcorp

BP announced that it has agreed to sell its entire business in Alaska to Hilcorp Alaska, based in Anchorage. Under the terms of the agreement, Hilcorp will purchase all of BP’s interests in the state for a total consideration of $5.6 billion.

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Booming Interest in Nanushuk

Booming Interest in Nanushuk

Both ConocoPhillips and Oil Search are optimistic about the potential of the Nanushuk Formation on the North Slope following the combined drilling of nine delineation wells over the winter in the Greater Willow and Pikka-Horseshoe units.

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Resources

Strong Vision and Steady Growth

Bering Straits Native Corporation has grown as a company in large part because the leadership driving the company has grown and evolved. President and CEO Gail R. Schubert is an original BSNC shareholder, an Inupiaq Eskimo born and raised in Unalakleet.

Spotlight Business Profiles

Doyon, Limited

Matson

RISQ Consulting

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Personnel Plus

The Alaska Maritime Prevention & Response Network

Altman, Rogers & Co.

National Cooperative Bank

Calista Corporation

PIP Marketing, Signs, Print

Arctic Office Products

AFF Global Logistics

Avis Alaska

Siemens

Lynden Inc.

JEFFCO

Alaska Business Magazine September 2019

In This Issue

Out of the Mine and into the Smelter

September 2019

Mining has long been a key fixture of Alaska’s economy. On a small scale, people flock to the 49th state to tour different operations. Kennecott Mine was once a booming copper mining site and is now a National Historic Landmark, attracting tourists eager to visit the ghost town and get a feel of the Gold Rush era it once dominated.