Alaska
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An independent consultant believes the find could hold 1.7 billion bbl of recoverable reserves.
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A trio of oil projects gears up to boost throughput on the Trans-Alaska Pipeline System.
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The supplemental environmental impact statement offers multiple ways forward for the stalled project.
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The Biden administration has appealed a district court decision to restart oil and gas leasing programs in the US.
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A federal judge threw out Trump administration approvals for a large planned oil project on Alaska’s North Slope, saying the federal review was flawed and didn’t include mitigation measures for polar bears.
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A pilot project validates the use of an advanced polymerflooding technology on the Alaska North Slope.
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The US Interior Department says native company missed deadline to conduct polar bear den assessment work ahead of planned geological activity.
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The Dutch major said it has filed an application for drilling operations in the North Slope as part of an effort to help attract buyers to 18 leases it purchased rights to in 2012.
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The area has a potential for up to 11.8 million bbl of recoverable oil reserves. The program aims to keep oil flowing in the Trans-Alaska Pipeline System, which has seen dwindling throughput since 1988.
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The deal follows BP’s divestment of its global petrochemicals business in late June.