One year to the day after Congress passed a comprehensive tax reform bill that included a controversial provision to open a portion of the Arctic National Wildlife Refuge (ANWR) to oil and gas leasing, the Interior Department’s Bureau of Land Management (BLM) released a draft environmental impact statement (DEIS) for a leasing program.
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Articles from Arctic
Futures Called Nearly a Dime Higher on Potential February Return of Arctic Temps
February natural gas was set to open Tuesday about 9 cents higher at around $3.314 as one of the major weather models continued to show another round of Arctic cold arriving early next month.
February NatGas Called Higher; Forecasts Trending Colder Next Week
February natural gas was set to open Wednesday about 3 cents higher at $2.959, helped by bullish adjustments to the outlook for Arctic cold expected move in next week.
February NatGas Called Higher as Bulls Gain the Momentum on Weather
February natural gas was set to open about 3.4 cents higher at around $2.948 Friday, building on recent momentum as the market has been able to rally on sustained below normal temperatures heading into the new year.
Eni Wins BSEE Approval, Could Begin Beaufort Sea Drilling in December
Starting next month, a subsidiary of Italy’s Eni SpA could begin drilling up to four exploratory wells from an artificial island in the Beaufort Sea, after the Interior Department’s Bureau of Safety and Environmental Enforcement (BSEE) approved the company’s application to drill.
House Subcommittee Weighs Offshore Energy Development Overhaul
As lawmakers in the House continue to debate federal oversight of offshore energy development, representatives for the oil and natural gas industry said Obama-era policies put the nation at a competitive disadvantage and should be reversed.
DOI Opening Public Comment Period for More Offshore Oil/Gas Leasing
Following aseries of initiatives outlined on Thursday by President Trump, the Department of the Interior (DOI) readied a public comment period for a new five year offshore leasing program that would open more of the Outer Continental Shelf (OCS) to oil and gas drilling.
White House Says Offshore Energy Order Poses Minimal Cost to Federal Government
The White House’s Office of Management and Budget (OMB) said an executive order (EO) signed by President Trump last month in support of offshore energy development, including oil and gas, will have a negligible cost impact to the federal government.
Trump Signs Order Reversing Ban on Offshore Oil, Gas Leasing, Seeks Review of Well Control Rule
President Trump signed an executive order (EO) Friday directing the Department of Interior (DOI) to consider allowing oil and gas leasing in several offshore areas, including the Atlantic and Arctic oceans, the Beaufort and Chukchi seas, Alaska’s Cook Inlet and the Gulf of Mexico (GOM).
Obama Decision to Block Arctic Drilling ‘Stunning,’ Says Alaska Delegation
President Obama’s decision to place the entire Chukchi Sea and most of the Beaufort Sea off-limits to energy development is “stunning” and will deny economic opportunity, according to a trio of powerful elected officials, all of them Republican, representing Alaska.