The U.S. Department of the Interior said it will scrap the Trump administration’s decision that authorized expanded leasing and development in the National Petroleum Reserve in Alaska, or NPR-A.
Exxon Mobil signed an agreement with Hilcorp to transfer the Point Thomson operator position, said Exxon spokeswoman Julie King, with the change in operatorship expected by early 2022.
The European Commission proposal reflects the EU's efforts to boost its role on the global stage, though it has limited influence in the Arctic.
The office of House Natural Resources Chairman Raul Grijalva released legislation that repeals the Arctic National Wildlife Refuge (ANWR) oil and gas program.
The widely anticipated move comes two months after U.S. President Joe Biden’s administration suspended the nine leases in the Arctic National Wildlife Refuge pending an environmental analysis.
Greenland has ended its 50-year ambition to become an oil producing nation after announcing on July 16 it would suspend a strategy of searching for oil and would stop granting exploration licenses.
Pantheon Resources North Slope test, Chesapeake Marcellus well completion plus EOG Resources Eagleville Field wells producing from the Eagle Ford Shale and Austin Chalk top this week’s oil and gas drilling activity highlights from around the world.
The awards were part of Norway’s licensing rounds that cover previously unexplored frontier areas.
The order reverses an effort to expand oil and gas development in the U.S. by the Trump administration.