Trump’s Alaska Oil and Gas Lease Auction Draws Just Two Bidders


Still, a March lease sale in the National Petroleum Reserve in Alaska drew a record $163 million in bids from established operators like ConocoPhillips, as well as companies such as Exxon Mobil Corp., which last drilled an exploratory well in the state in the early 1990s. Shell Plc, which abandoned Arctic exploration after a costly unsuccessful search for crude waters north of Alaska, partnered with Repsol SA to secure over 40 leases. 



Source link

  • Related Posts

    Vancouver council looks to exempt small-scale multiplex, duplex projects from empty homes tax

    Housing units completed but not sold has grown in recent years, driven by higher interest rates, other economic factors Source link

    Where is measles still spreading in the U.S.? Cases reached 2,030 across 30 new outbreaks this year

    Measles cases in the U.S. reached 2,030 on Friday, the Centers for Disease Control and Prevention reported. That’s just a few hundred shy of the 2,288 logged in all of…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Vancouver council looks to exempt small-scale multiplex, duplex projects from empty homes tax

    Vancouver council looks to exempt small-scale multiplex, duplex projects from empty homes tax

    Poll suggests 84% of Albertans want privacy law to cover political parties and candidates

    Poll suggests 84% of Albertans want privacy law to cover political parties and candidates

    ‘Savage House’ Interview: Richard E. Grant and Claire Foy

    ‘Savage House’ Interview: Richard E. Grant and Claire Foy

    Tired of Booze and Beard Oil for Father’s Day Gifts? We’ve Got Over 30 Different Options to Try Instead

    Tired of Booze and Beard Oil for Father’s Day Gifts? We’ve Got Over 30 Different Options to Try Instead

    Ouch: Botched Water Cannon Salute Costs Iberia An Airbus A350 Winglet & A Canceled Flight

    Ouch: Botched Water Cannon Salute Costs Iberia An Airbus A350 Winglet & A Canceled Flight

    The job market is much stronger than economists expected. Why?

    The job market is much stronger than economists expected. Why?