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What! They don’t pay taxes?

Hilcorp’s 2020 purchase of BP’s Alaska assets left profits outside the state corporate tax code, and lawmakers still have not resolved the revenue gap.

Hilcorp, in acquiring BP’s Alaska assets, follows a record of cooperation with our state government that by working together each will formulate a tax solution that will be instrumental in the continued development of Alaska’s energy industry.

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Juneau EmpireJuneau Empire
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What! They don’t pay taxes?

Hilcorp, in acquiring BP’s Alaska assets, follows a record of cooperation with our state government that by working together each will formulate a tax solution that will be instrumental in the continued development of Alaska’s energy industry.

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Ketchikan Daily News broke the news in Ketchikan, United States on Tuesday, May 12, 2026.
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