Press Releases

Fire near Petro Star Valdez refinery

On June 27, 2022, Petro Star Inc. (PSI), experienced a fire at its Valdez refinery truck loading rack. The fire was contained and has been fully extinguished. There were no reported injuries to employees or responders. The refinery was not damaged in the fire.

PSI is working now to conduct a thorough review to determine the cause of the fire. PSI is thankful to the Valdez Fire Department and Alyeska Pipeline Service Company Fire Department for their services and quick efforts to minimize damage and prevent any injuries.

PSI is a wholly-owned subsidiary of Arctic Slope Regional Corporation. The PSI Valdez refinery has been in operation since 1993.

About ASRC

Arctic Slope Regional Corporation is owned by and represents the business interests of the Arctic Slope Iñupiat. Since opening enrollment in 1989 to Alaska Natives born after 1971, the corporation’s shareholder base has nearly tripled, growing from the 3,700 original enrollees to approximately 13,000 today. Corporate headquarters are based in Utqiaġvik (Barrow), Alaska, with administrative and subsidiary offices located in Anchorage and throughout the United States. ASRC, along with its family of companies, is the largest Alaskan-owned company, employing approximately 13,500 people across Alaska and the Lower 48. The company has six major business segments: government contract services, petroleum refining and marketing, energy support services, industrial services, construction, and resource development.


Catherine Pickels

Director of Communications

(907) 570-8089