Alaska

Massive oil discovery breathes new life into Alaska’s North Slope

New contingent resource estimate of 1.2 billion barrels of oil for acreage on Western North Slope On March 9, Repsol announced the largest conventional onshore US discovery in over 30 years, news that comes on the heels of ConocoPhillips’ Willow discovery earlier this year, according to Wood Mackenzie. In the latest report, Wood Mackenzie analysts discuss

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Offshore five-year plan removes new American energy opportunities

Independent oil and gas producers condemn taking 80% of federal offshore lands out of drilling plan The Obama Administration’s finalized five-year offshore oil and natural gas leasing program, which sets the lease sale schedule for 2017-2022, is drawing heavy fire from energy industry associations. In Sept., the Independent Petroleum Association of America joined the Alaska

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Obama administration bars new Alaska offshore oil, gas exploration

Alaska offshore oil, gas exploration possible danger to whales, walruses By Timothy Gardner WASHINGTON, Nov 18 (Reuters) – The Obama administration on Friday blocked new exploration for oil and gas in Arctic waters, in a win for environmental groups that had fought development of the ecologically fragile region. The Department of the Interior released a 2017

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