Another company gives up lease in Alaska s Arctic refuge go.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from go.com Daily Mail and Mail on Sunday newspapers.
A second company to be awarded Arctic Refuge oil leases during the January 2021 lease sale held in the final days of the Trump administration has canceled its lease, according to a Politico article published Monday.
The only oil company that bought a single lease in the Arctic National Wildlife Refuge early last year has canceled its lease, according to the U.S. Interior Department. The move by Regenerate Alaska is the latest example of the industry stepping away from possible oil and gas development in the 19-million-acre refuge.
Three major oil companies have given up opportunities to explore for oil in Alaska s Arctic National Wildlife Refuge, after the industry and Republican politicians have spent decades working to gain
One of the bidders in an oil and gas lease sale for the Arctic National Wildlife Refuge last year has cancelled the lease it bought, the U.S. Interior Department said.