The first in a series of newly mandated oil and gas lease sales for federal waters of Alaska’s Cook Inlet received no bids, agency officials said on Wednesday. The U.S. Bureau of Ocean Energy ...

A spike in oil prices driven by U.S.-led attacks in Iran may reduce Alaska’s deficit in the current fiscal year, but it is unlikely to erase the deficit entirely, a nonpartisan legislative analyst ...

No companies bid for the chance to drill in more than 1 million acres of water off Alaska’s Cook Inlet, the Interior ...

A federal deadline came and went this week for oil companies to bid on around 1 million acres of drilling territory off Alaska’s Cook Inlet.

Justin Miller, who heads the Bureau of Safety and Environmental Enforcement’s Alaska office, had warned he lacked the ...

On March 24, 1989, just after midnight, a massive oil tanker ran aground in one of the most pristine marine environments in ...

Industry interest has waned, even as the Trump administration has proposed holding dozens of new lease sales in the state in coming years.

Despite President Donald Trump's promise to "drill, baby, drill," a federal oil and gas auction in Cook Inlet generated zero offers from bidders on Wednesday. Also on Wednesday, an Alaska oil ...

The new version strips out an unpopular sales tax and substantially rewrites the state's oil and gas tax code to extract more ...

For decades, oil has been the backbone of the economy in Alaska. Production from major fields like Prudhoe Bay Oil Field once ...

Overspending from the Permanent Fund and years of lost oil revenue are pushing the state toward a preventable budget crisis.

The Trump administration is granting the Alaska oil industry’s request to update regulations that could allow the ...