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, ...

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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 ...

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 ...

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 ...

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 ...