Alaska’s Willow project faces regulatory uncertainty
Even a completed environmental assessment might not guarantee progress
The US Bureau of Land Management (BLM) published its final Supplemental Environmental Impact Assessment (SEIS) for ConocoPhillips’ Willow oil project in early February. The assessment identified a preference for “Alternative E”, comprising a scaled-back development option with three drill sites and the potential for a fourth. But the future of the project in the federally owned and managed National Petroleum Reserve-Alaska (NPR-A) remains in doubt, even with Alaskan state officials sending letters of support to the BLM in recent months. “We are awaiting the final Record of Decision [ROD] following the SEIS,” Mark Oberstoetter, head of Americas non-L48 upstream research at Edinburgh-based con

Also in this section
24 March 2025
Indian E&P company wants to take domestic production to a new horizon, given the amount of unexplored opportunities
21 March 2025
Two recent developments raise the prospect of a revival in northern Iraqi oil and gas fortunes, but familiar obstacles could thwart momentum
20 March 2025
As cash-strapped Western governments commit to substantially raising defence expenditure, a similar dynamic is playing out in Saudi Arabia’s oil and gas sector, as Saudi Aramco maintains it heavy capex push despite reduced revenues
20 March 2025
Tariffs, sanctions and trade conflicts are upending the oil market, impacting crude differentials and shipping rates and creating uncertainty