June 30, 2020
The company will bring back output in Alaska and other states next month, with Canadian production coming back in the third quarter. “Given ongoing variability and uncertainty in the outlook for production curtailments, the company will continue to suspend forward-looking guidance and sensitivities,” Conoco said in a statement Tuesday.
May 20, 2020
Canadian and Alaskan crude that normally travels to the U.S. West Coast is finding a market in China, where demand is almost back to pre-pandemic levels.
May 11, 2020
Bleak crude prices and fuel demand forecasts won’t blunt oil company bidding for Arctic drilling rights, Interior Secretary David Bernhardt said Monday.
April 27, 2020
The latest front in the war against drilling for oil in Alaska’s rugged wildlife refuge isn’t Washington -- it’s Wall Street.
March 03, 2020
Alaska’s $67 billion sovereign wealth fund, a pool that invests some of the state’s revenue from oil and other resources, is expressing displeasure with banks that oppose financing new Arctic exploration or development.
February 28, 2020
The Trump administration is moving to sell drilling rights in the Arctic National Wildlife Refuge, Interior Secretary David Bernhardt said Saturday.
September 13, 2019
The Trump administration on Thursday took a major step toward auctioning oil drilling rights across every acre of the Arctic National Wildlife Refuge’s coastal plain, hours after the House of Representatives voted to outlaw the activity.
September 12, 2019
The House is poised to vote Thursday to again bar oil and gas drilling in Alaska’s Arctic National Wildlife Refuge, as Democrats seek to put Republicans on the record on tough environmental issues for the 2020 election.
March 31, 2019
The Trump administration's attempt to restore oil and gas leasing in U.S. waters was blocked by a federal judge in Alaska, delivering a win to environmentalists who argued that offshore drilling isn’t worth the risk.
May 03, 2017
With the oil industry barely recovering from its most brutal slump in decades, you might expect the Arctic Ocean to be the last place explorers would hunt for new discoveries.
March 16, 2017
The Interior Department is weighing Eni SpA’s request to explore for oil in waters north of Alaska, giving the Trump administration a chance to reverse course from former President Barack Obama’s attempt to curtail Arctic drilling.
January 06, 2017
The Canadian government says it won’t grant extensions to exploration licenses for Exxon Mobil, BP and other oil firms as it prepares for consultations over the impact of an Arctic drilling moratorium.