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ConocoPhillips will move forward with full development of its North Slope Willow oil project following a Friday announcement from the company’s chairman and chief executive officer.
The Biden administration approved the oil drilling project earlier this year despite promises to move away from fossil fuels.
Nine months after the Biden administration approved it, ConocoPhillips Inc. announced it has officially sanctioned full development of its huge Willow oil project on Alaska’s North Slope.
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U.S. oil giant ConocoPhillips on Friday gave the financial greenlight to its $8 billion Willow oil and gas drilling project in Alaska. With this project authorization, we've begun...