ConocoPhillips still struggling globally, but profitable in Alaska

ConocoPhillips’ Alpine facility on the North Slope. (Photo by Elizabeth Harball/Alaska’s Energy Desk)
ConocoPhillips on Thursday announced it netted $115 million in Alaska last quarter — almost double what it earned in the third quarter. But the Houston-based company is still grappling with a multi-billion-dollar global loss.
The increase in Alaska was largely due to rising oil prices and increased production, according to company spokeswoman Natalie Lowman.
Last year, Con