HOUSTON--(BUSINESS WIRE)--“Alaska's OCS contains an estimated 27 billion barrels of recoverable oil and 130 trillion cubic feet of recoverable natural gas. That's more than twice the amount of oil ...

March 30: This black and white satellite image provided by DigitalGlobe shows Alaska's Mount Redoubt volcano as it emits a steady ash plume. The volcano 100 miles southwest of Anchorage has erupted 18 ...

ANCHORAGE, Alaska -- Mount Redoubt has shifted into a different pattern, emitting a more steady ash plume rather than the violent explosions of the past week, scientists are saying. Federal and state ...

An environmental group is praising oil and gas company Hilcorp after it announced a new pipeline project in Cook Inlet. Hilcorp said the project would eliminate the need to store oil at the Drift ...

ANCHORAGE, Alaska -- Plans to transfer millions of gallons of oil from an oil storage facility near Mount Redoubt were derailed Saturday when the volcano erupted again and a tanker sent to get the oil ...

ANCHORAGE — A plan is under way to draw down millions of gallons of oil stored in two tanks near Mount Redoubt, the Alaska volcano that has had 18 major eruptions in the past two weeks but has been ...

ANCHORAGE, Alaska, Aug 5 (Reuters) - Oil production from Alaska's Cook Inlet was expected to restart next week after being shut for months by a series of volcanic eruptions, a spokeswoman for the ...

Moving oil is a risky business, especially across Cook Inlet's notoriously rough waters. But who assumes the risk? And if it's Alaskans who depend on healthy fisheries who bear the risk, how much risk ...

The oil company that stores crude in tanks below an active volcano on the western side of Cook Inlet announced on Thursday a $75 million project to close its at-risk terminal and move the oil by ...