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...Richfield Co. They passed on to Phillips Alaska after its Oklahoma-based parent company Phillips Petroleum Co. bought Arco's Alaska assets earlier this year. The Polar Endeavour is expected to be in service early next year, to be followed by the...
...Energy, Anadarko and Darrah's tiny AVCG are pushing projects ahead. Phillips Alaska Inc., which last year bought Arco's Alaska business, announced three discoveries last winter, including a large find in the newly opened National Petroleum...
...dominant owner-producer. Federal regulators put the kabosh on that budding monopoly, insisting on the divestiture of Arco's Alaska assets. Thus the university this week gratefully received checks from two sources: collecting roughly $1.5 million...
...Coast oil and consolidate ownership of oil holdings on the North Slope. In March, BP announced an agreement to sell Arco's Alaska holdings to Phillips Petroleum. The deal satisfied the FTC, preserved nearly 400 jobs and brought a new competitor...
...measure was languishing in a House committee until Exxon Mobil filed a lawsuit Friday seeking to stop the sale of Arco's Alaska oil operations to Phillips Petroleum Co., saying it holds the right of first refusal on the assets. For many lawmakers...