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ConocoPhillips Willow Project: Green Light for Alaskan Energy Boost Amid Controversy

On Friday, ConocoPhillips (NYSE: COP) disclosed that it is moving forward with developing the Willow project in Alaska. The Final Investment Decision approved the project and funds for construction needed to reach the first oil. The decision follows the Department of the Interior March 2023 Record of Decision and recent positive court orders, including this week's Ninth Circuit Court of Appeals denial of plaintiffs' request for an injunction. In November, COP reportedly received judicial endorse

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