More Alaska crude flows to Asia as Strait of Hormuz stays shut
Two tankers have departed Valdez for Asia in recent weeks — the same number that shipped oil to Asia in all of 2025.
BY Nathaniel HerzMay 11, 2026
TOPIC ARCHIVE
#OIL
11 story dispatches filed under this topic.
The state of Alaska could spend nearly $200 million on oil exploration, leasing in Arctic refuge
Alaska’s economic development agency, AIDEA, wants to conduct geologic testing on its existing oil leases — and to bid on new ones — in the Arctic National Wildlife Refuge.
BY Max GrahamMay 11, 2026
With one of two wells drilled, Hilcorp to pull out of Yukon Flats
The wells was drilled on Indigenous-owned land, in a program that prompted sharp opposition from area tribes.
BY Nathaniel HerzMay 1, 2026
A giant lease sale could launch a new era of oil on Alaska's North Slope
Two huge companies thought to have little interest in Alaska investment, Shell and ExxonMobil, spent millions to buy new leases on the North Slope — though drilling still faces obstacles.
BY Max GrahamMar 26, 2026
ConocoPhillips says North Slope drilling will continue mostly as planned after rig collapse
The company said it will replace “The Beast” with another Doyon rig.
BY Max GrahamJan 26, 2026
Hilcorp chairman: We’re going to Venezuela
Two big players in Alaska’s oil industry say they’re keen on investing in post-Maduro Venezuela.
BY Nathaniel HerzJan 10, 2026
A small Texas firm is gearing up for a $150 million search for oil beneath the Arctic Ocean
Narwhal Exploration is one of three small, privately owned companies with offshore leases in West Harrison Bay, a promising but largely unexplored area once controlled by Shell.
BY Max GrahamSep 5, 2025
Above the Yukon River, on Native land, Hilcorp is set to drill for oil this summer
Hilcorp has signed oil leases with Doyon, the Indigenous-owned corporation for Interior Alaska, which hopes the drilling effort will yield the state’s next big oil field. But there’s fierce opposition from local tribes.
BY Nathaniel HerzApr 7, 2025
In Norway, a fossil fuel feud at a celebration of the national sport
A standoff between World Championships organizers and Norwegian climate advocates is threatening to mar an otherwise impeccably executed event.
BY Nathaniel HerzMar 4, 2025
In latest sign of North Slope’s evolution, privately owned Texas company targets Chevron’s Alaska assets
A little known Texas company is buying a share of a key North Slope pipeline and asked to buy all of Chevron's oil interests in the region — reviving questions about the Alaska oil industry’s capacity to decommission aging infrastructure and pay damages in the event of a spill.
BY Nathaniel HerzSep 16, 2024
Small Cook Inlet producers say they need state government help before drilling for new natural gas
One company, Bluecrest, said it will need more support even after a state agency agreed to forgive some $7 million in loans. Another company, HEX, says it needs the state to agree to a royalty reduction before it will drill a well.
BY Nathaniel HerzAug 26, 2024