The Bureau of Land Management published a final Environmental Impact Statement for project, which the agency said could produce more than 160,000 bpd over the next 30 years. If constructed, Willow will be the westernmost development on the North Slope.
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For the first time in over 40 years today we are issuing a new rule under the National Environmental Policy Act (NEPA) to completely overhaul the dysfunctional bureaucratic system that has created these massive obstructions
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While equity markets turned lower, oil prices surged on news of Soleimani’s death, with global benchmark Brent crude shooting 3.02% higher to $68.25 per barrel and U.S. West Texas Intermediate crude jumping 2.75% to $62.86 per barrel
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“Favorable weather conditions at the Straits in recent weeks prevented the water from icing over, providing Enbridge a window of opportunity to complete this work,”
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“Our plans are attractive at a range of prices and we expect them to drive more value as we continue to lower our development and production costs,” Chapman said.
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02/25/2019 By Richard Nemec, Contributing Editor, PG&J In mid-December with dwindling shopping days left before the holidays, North Dakota’s chief oil and natural gas regulator Lynn Helms […]
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“Michigan Gov. Rick Snyder’s administration and Canadian pipeline giant Enbridge have agreed to replace twin 65-year-old crude oil pipes in a channel linking two of the Great Lakes with another that would run through a tunnel far below the lake bed.”
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