Biden Plans Sweeping Effort to Block Arctic Oil Drilling
The initiative, set to be finalized within days, marks one of the most sweeping efforts yet by Biden to limit oil and gas exploration on federal lands.
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The initiative, set to be finalized within days, marks one of the most sweeping efforts yet by Biden to limit oil and gas exploration on federal lands.
Administration officials contend that the proposed changes are essential to strike a balance between oil development and the preservation of sensitive landscapes that serve as habitats for polar bears, migratory birds, and the 61,500-strong Teshekpuk caribou herd. “We must do everything within our control to meet the highest standards of care to protect this fragile ecosystem,” Interior Secretary Deb Haaland said in announcing the measure last year - Newsx
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Pikka, an onshore oil field, located on the North slope of Alaska, US, is anticipated to start production in 2026.
As Oil Search continues to move toward production at its Pikka unit on the North Slope, the company has applied to the Alaska Oil and Gas Conservation Commission for pool rules for the Nanushuk oil pool at Pikka. Oil Search (Alaska) LLC, the Pikka unit operator, a subsidiary of Santos Ltd., submitt...