Exploration & Production , Policy & Regulations

US Suspends Arctic National Wildlife Refuge Oil Leases Pending Review

The order reverses an effort to expand oil and gas development in the U.S. by the Trump administration.

June 1, 2021

Field Development , Health, Safety & Environment

Regulator: Equinor’s Castberg Oil Field Delayed Until End of 2023

The Petroleum Safety Authority said in a statement it had identified “serious breaches” of regulations in the construction of the hull for the oil field’s FPSO vessel.

June 1, 2021

Exploration & Production , Policy & Regulations

Biden Administration Backs ConocoPhillips Alaska Oil Project

In February, an appeals court blocked construction of ConocoPhillips’ $2 billion-plus Willow crude oil project in Alaska.

May 27, 2021

Lease Sales

On the Market Oil and Gas Quicklist (Week of May 12, 2021)

Here’s a quicklist of oil and gas assets on the market including Whiting Petroleum’s Redtail assets in Colorado’s Weld County and a Henry Resources Permian Basin divestiture plus nonop working interest packages in the Midcontinent and Barnett Shale regions.

May 12, 2021

Exploration & Production , Legislation

US Interior Stops Trump-era Effort to Loosen Arctic Drilling Regulations

The rollback effort made by the administration of former President Donald Trump was among a string of eleventh-hour proposals aimed at maximizing energy development on public lands and waters.

May 7, 2021

Exploration & Production , Policy & Regulations

US Appeals Court Affirms Arctic, Atlantic Leasing Bans

The 9th Circuit Court of Appeals said President Joe Biden’s reinstatement of Obama-era protections makes moot the previous administration’s attempts to allow oil development there.

April 14, 2021

Investment , Emissions , Technology

Baker Hughes Boosts New Energy Focus with Recent Carbon Storage Partnership

As part of the partnership, Baker Hughes plans to also explore new processes and technologies across the carbon capture, transport and storage value chain for the energy industry.

March 23, 2021

Exploration & Production , Lease Sales

Norway Offers 84 Exploration Blocks in 2021 Licensing Round

The so-called predefined areas (APA) licensing rounds were introduced in 2003 to facilitate exploration in the most geologically known parts of the Norwegian continental shelf.

February 25, 2021

Business , Exploration & Production , Policy & Regulations

Appeals Court Halts Construction at ConocoPhillips Alaska Project

The injunction issued Feb. 13 night bars ConocoPhillips from conducting winter gravel mining and gravel road-building for the $2 billion-plus Willow crude oil project in Alaska while the lawsuit is ongoing.

February 15, 2021

Field Development , Liquefied Natural Gas (LNG) , Construction , Pipelines

Alaska Seeks to Build North Slope Natural Gas Pipeline

The proposed $5.9 billion pipeline would run roughly 500 miles (800 km) and could start delivering natural gas into central Alaska in 2025, according to a report.

February 5, 2021