BP reconfirms intention to sell Alaskan business to Hilcorp despite market ‘volatility’
Oil giant BP has reconfirmed its intention to sell off its Alaskan business to Houston-headquartered Hilcorp for more than £4.5 billion.
Hilcorp
Hilcorp partners with Doyon for Alaska growth
The rapid growth of Houston's Hilcorp in Alaska is continuing via a new partnership with a regional Alaska Native company to explore and drill on its land.
Trump approves plan to drill oil from manmade Arctic island
The Trump administration has authorized Hilcorp Energy Co.’s plan to build an artificial gravel island in the Beaufort Sea north of Alaska and use it to extract crude -- marking the first approval of an oil production facility in federal Arctic waters.
Hilcorp founder stepping back from CEO role
Hilcorp Energy founder Jeffery Hildebrand has stepped down from the chief executive role of the company he started nearly 30 years ago but will remain in the executive chairman position.
Hilcorp, Vitol team up on Corpus crude export project
Houston-based Hilcorp Energy and international energy trader Vitol are teaming up to potentially build a new crude export terminal in Corpus Christi.
ConocoPhillips to net $3bn from San Juan basin sales
ConocoPhillips said today it had agreed to sell its interests in the San Juan Basin in the US south-west for $3billion.
Hilcorp lodges plans for man made island
A US company has proposed building an artificial island to drill for oil off Alaska’s coast. Hilcorp Alaska has filed a development and production plan with the US Bureau of Ocean Energy Management (BOEM).
Oil firm hands out $100,000 bonuses to all of its employees
Despite the oil price scrapping new lows, Hilcorp Energy is handing all of its employees $100,000 bonuses this Christmas.