Meet the Spanish company at the heart of Alaska’s oil industry revival

By: Max Graham, Northern Journal

Outlets: Alaska Beacon

Published: June 11, 2026

Words: 1,395

Last Updated: 10 hours ago

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Josu Jon Imaz, a former member of European Parliament, runs Spain’s largest oil company.

Recently, though, his focus has drifted thousands of miles from Madrid, to the far north.

Imaz’s company, Repsol, is one of several oil and gas businesses racing to drill in Alaska’s Arctic — where, after a decades-long decline in production, the industry is undergoing a stunning revival amid a push by the Trump administration to open new areas to development.

American …

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