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.

Eni Expands

Eni Expands

After making a relatively low-key entry into Alaska’s oil scene, Italian company Eni is quietly making a splash in global energy circles, including the North Slope oil patch.

AOGA Annual Awards

AOGA Annual Awards

The Alaska Oil and Gas Association (AOGA) will honor individuals and companies/organizations for their achievements working in the oil and gas industry at its annual conference on May 30, 2019, at the Dena’ina Civic & Convention Center.

Murkowski: Energy, Mineral Security Crucial for Robust Economy

Murkowski: Energy, Mineral Security Crucial for Robust Economy

US Senator Lisa Murkowski chaired the Energy and Natural Resources Committee’s first hearing of the 116th Congress, to examine the outlook for energy and minerals markets. The hearing featured witnesses from the Energy Information Administration (EIA), ClearView Energy Partners, the R Street Institute, Bloomberg New Energy Finance, and Benchmark Mineral Intelligence.