US EditionFirst Lease Sale in Alaska Petroleum Reserve in Years Draws Strong Interest Despite Pending Lawsuits
15 Articles
15 Articles
Associated Press News
First lease sale in Alaska petroleum reserve in years draws strong interest despite pending lawsuits
The first oil and gas lease sale held in years in the National Petroleum Reserve-Alaska has been touted by officials as the strongest to date.
US to sell oil and gas leases in Alaska petroleum reserve for first time since 2019
The U.S. government on Wednesday will hold a sale of oil and gas drilling rights in Alaska’s National Petroleum Reserve for the first time since 2019, the latest test of the industry’s appetite for acreage in the state. The Interior Department’s Bureau of Land Management is offering 600 tracts covering 5.5 million acres to oil and gas companies. The bids will be opened and read via a livestream on the BLM’s website at 10 a.m. Alaska time. The sa…
Environmental organizations oppose drilling, stressing the irreparable damage to the region's ecosystem, in particular to polar bear populations
Alaska State authorities and some indigenous groups support oil and gas drilling because it contributes to tax revenues and creates jobs
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