HOUSTON, March 9 (Reuters) - Oil major BP will reduce its active rig count in Alaska's Prudhoe Bay field from five to two and cut more than 200 contracting jobs as a result of low oil prices, Alaska ...

A final agreement aligning ownership shares at the US's biggest oilfield is now in effect, smoothing the way for further development, BP's Alaska unit said last night. The agreement, in the works ...

In late May on the floor of a drilling rig on Alaska's northernmost edge, oil workers were dwarfed by giant pieces of machinery. They were slowly pushing pipe thousands of feet below the tundra to tap ...