a subsidiary of 
Arctic Slope Regional Corporation
About Us
Local Legacy
Petroleum Refining & Distribution Rooted in Alaska
For more than 40 years, Petro Star has met Alaska’s growing fuel needs. We take pride in being the state’s only locally owned petroleum refining and marketing company, with refineries in North Pole and Valdez and distribution facilities in Anchorage, Fairbanks, Valdez, Kodiak, and Dutch Harbor. Our products help power Alaska’s largest industries—including U.S. military operations, commercial aviation, electric utilities, oil and gas, and the nation’s largest commercial fishery—as well as providing for businesses and residential customers’ home heating and fuel needs.
Gasoline
Ultra-Low Sulfur Diesel
Jet Fuel
Heating Oil
Lubricants
More than 40 years in the making
Petro Star was formed in 1984 to fill a unique role in Alaska’s petroleum market and with the support of Arctic Slope Regional Corporation we have continued to grow. Our North Pole Refinery is strategically located near Fairbanks and the Trans-Alaska Pipeline System for accessibility and efficiency. Over time, we expanded with the addition of our Valdez Refinery and grew through vertical integration, acquiring fuel distribution operations to better serve the Interior of Alaska and the North Slope.
Our History
1984
Petro Star Inc. formed
1985
North Pole Refinery commissioned
1986
Sourdough Fuel acquired
1989
ASRC assumes 100% ownership of Petro Star
1993
Valdez Refinery commissioned
1994
Valdez Petroleum Terminal purchased
1997
Kodiak Oil Sales acquired
2000
Co-generation agreement with Copper Valley Electric
2010
Ultra-low sulfur diesel (ULSD) production unit commissioned in Valdez
2016
North Pole asphalt oil plant commissioned
2017
Splitter commissioned in North Pole to provide naphtha and turbine fuel via pipeline to Golden Valley Electric
2018
Port of Alaska Terminal purchased
2019
Fairbanks Terminal commissioned
2020
Railroad Transport Inaugurated between Fairbanks and Anchorage
2023
50K BBL methanol tank at Port of Alaska Terminal acquired and converted to gasoline storage
Petro Star
Our Brands
- North Pacific Fuel supports communities along the southern coast, with facilities in Dutch Harbor, Kodiak, and Valdez.
- Sourdough Fuel serves Interior Alaska with locations in Fairbanks and North Pole.
- Petro Star Lubricants operates distribution facilities in Anchorage and Fairbanks, and has a presence on the North Slope through a strategic partnership.
Alaska Native Owned
About Arctic Slope Regional Corporation
Petro Star is a wholly owned subsidiary of Arctic Slope Regional Corporation (ASRC)—an Alaska Native corporation formed pursuant to federal legislation that resolved indigenous land claims in Alaska. As part of the ASRC family of companies, we are connected to more than 16,000 team members nationwide and over 14,000 Iñupiaq shareholders with deep roots in Alaska’s North Slope. Anchored by the mission and values of ASRC, we benefit from the strength and support of the largest company founded and headquartered in Alaska. We are proud to be part of ASRC’s strategic vision of building a perpetual, enduring enterprise for the economic prosperity of all ASRC shareholders.