Seven months after a subsea fiber optic line break near Prudhoe Bay, sea ice conditions are almost safe enough for two vessels, IT Integrity and Canpac Valkyrie, to begin repairs. Anchorage-based ...

Donning hard hats, bright safety vests and goggles, dozens of North Slope oil workers gathered in freezing conditions to hear from a trio of high level Trump administration officials on Monday.

Hilcorp Alaska plans to build a new development in a western corner of Prudhoe Bay that will produce 40,000 barrels of oil daily, a company representative said. Project Taiga will start by producing ...

JUNEAU, Alaska – Gov. Frank Murkowski imposed a state hiring freeze Wednesday because of the millions of dollars in revenue Alaska is losing as a result of the Prudhoe Bay oil field shutdown, and said ...

BP's agreement with Hilcorp includes selling its 49 percent stake in the Trans Alaska Pipeline System, which carries oil 800 miles through the Alaska wilderness, from the North Slope oil fields at ...

Oil keeps flowing through a maze of aging wells, pumps and pipelines that poke through the snow on this desolate North Slope tundra. But this vast field is ailing: Output has fallen by nearly 75 ...

HOUSTON, Sept. 22-- BP Exploration (Alaska) Inc. said Sept. 22 it will restart a portion of the Eastern Operating Area (EOA) of Prudhoe Bay field in order to run cleaning pigs and conduct an in-line, ...

NYSE:BPT opened at $0.58 on Friday. BP Prudhoe Bay Royalty Trust has a one year low of $0.40 and a one year high of $3.17. The business’s 50-day simple moving average is $0.57 and its 200 day simple ...

HOUSTON, Aug. 7-- BP Exploration (Alaska) Inc. has begun the phased shutdown of Prudhoe Bay oil field following the discovery of severe corrosion and a small spill from a Prudhoe Bay oil transit line.