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Biden to suspend Trump s eleventh-hour oil leases in Arctic

Print The Biden administration will suspend Arctic refuge drilling rights sold in the final days of Donald Trump’s presidency, a move that buys time for further environmental analysis, according to a person familiar with the decision. The Interior Department decision will temporarily halt action on 11 leases spanning about 553,000 acres of the Arctic National Wildlife Refuge in Alaska, said the person, who asked not to be named before a formal announcement. Politico reported the development earlier. Spokespeople for the Interior Department and its Bureau of Land Management did not immediately respond to emails seeking comment. The department’s Bureau of Land Management is set to conduct fresh environmental analysis of the Jan. 6 sale of oil leases in the refuge. Just two oil companies and an Alaska economic development corporation bought the right to explore for oil and gas on tracts in the refuge’s coastal plain during that January auction.

Biden administration halts oil drilling in Alaska wildlife refuge

An Alaska venture - May 30, 2021 - Petroleum News

Having completed its purchase of Furie Operating Alaska and on July 1 taken over operatorship of the Kitchen Lights gas field in Cook Inlet, HEX Cook Inlet LLC is forging ahead with re-invigorating the field, John Hendrix, CEO and president of HEX, told the board of the Alaska Industrial Development.

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