Join our crew and become one of the 104,635 members that receive our newsletter.

Biden Issues Limits On Oil Drilling In Alaska, Arctic Ocean

The U.S. Coast Guard Cutter Healy (WAGB 20) cuts a channel through the multi-year pack ice and snow as Healy transits the Arctic Ocean to the North Pole, September 27, 2022. U.S. Coast Guard

Biden Issues Limits On Oil Drilling In Alaska, Arctic Ocean

Reuters
Total Views: 2086
March 12, 2023
Reuters

March 12 (Reuters) – U.S. President Joe Biden will prevent or limit oil drilling in 13 million acres of Alaska and the Arctic Ocean, the Associated Press reported on Sunday, citing an administration official.

The reported move comes as Biden’s administration earlier this week said that it has not yet made a final decision on whether to approve ConocoPhillips’ COP.N massive Willow oil project in northwest Alaska.

According to AP, the plan has two parts. To start with, Biden will bar drilling in nearly 3 million acres of the Arctic Ocean, closing off the rest of its federal waters from oil exploration.

Citing the administration official, the report added that the administration will then develop new rules for more than 13 million acres in the National Petroleum Reserve – Alaska. The area includes the Teshekpuk Lake, Utukok Uplands, Colville River, Kasegaluk Lagoon and Peard Bay Special Areas.

The White House did not immediately respond to Reuters request for comment. 

ConocoPhillips’ Willow project has support from the oil and gas industry and state officials eager for jobs, but it is opposed by environmental groups who want to move rapidly away from fossil fuels to combat climate change.

(Reporting by Akriti Sharma in Bengaluru; editing by Diane Craft)

(c) Copyright Thomson Reuters 2023.

Weekly Insights from the Helm

Dive into a sea of information with our meticulously curated weekly “Dispatch” email. It’s more than just a newsletter; it’s your personal maritime briefing.

Sign Up
Back to Main
polygon icon polygon icon

Why Join gCaptain Club?

Be Informed: Stay updated with the latest maritime news and trends.

Connect: Network with a community of maritime professionals and enthusiasts.

Gain Insights: Receive exclusive content and personal perspectives from our CEO.

Sign Up
close

JOIN OUR CREW

Maritime and offshore news trusted by our 104,635 members delivered daily straight to your inbox.

gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.