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Alaska agency commits to more spending on Arctic oil plans

The Alaska state agency that holds oil leases in the Arctic National Wildlife Refuge (ANWR) has committed to spending more money to develop those tracts, even though prospects are dim for any oil activities there in the near future. ....

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EXCLUSIVE Mitsubishi looks to sell California products terminal and trading arm

Mitsubishi Corp is looking to sell a fuel terminal that provides transportation fuels which meet California's stringent emissions requirements, two sources familiar with the matter told Reuters on Wednesday. ....

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Hilcorp to replace Exxon as operator of Alaska's Point Thomson field

Hilcorp Energy Company, which has evolved into a major operator on Alaska's North Slope after BP's departure from the state, is now set to take over operations of a field run by another global giant, Exxon Mobil. ....

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