Seven things to know about Biden’s big oil move

Seven things to know about Biden’s big oil move

[ad_1] Monday’s decision likely won’t be the end of the lengthy Willow dispute, as lawsuits challenging the administration’s move are almost certain. Here’s what to know about the Willow decision: What’s in the proposal? The administration approved ConocoPhillips’ plans to drill in the northeast portion of the National Petroleum Reserve on Alaska’s North Slope. The…

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JK’s Oil Industry To Witness Significant Transformation with ₹ 1290 Cr Outlay: Govt

[ad_1] SRINAGAR: Jammu and Kashmir’s oil industry would be witnessing a significant transformation with implementation of multifarious initiatives under Holistic Agriculture Development Program (HADP) by the Agriculture Production Department.The recent release of final report by the Apex Committee, headed by Dr Mangla Rai, Former DG ICAR, has charted out the roadmap for implementation of 29…

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Biden to put Arctic waters off limits to new oil leases as Willow decision looms

Biden to put Arctic waters off limits to new oil leases as Willow decision looms

[ad_1] The White House has been mulling the Willow decision for weeks. The deliberations have focused on the legal constraints posed by the fact that Conoco has held some leases for decades and “has certain valid, existing rights granted by prior Administrations, limiting the Biden Administration’s options,” the official continued. Stopping new oil leases, plus…

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Oil industry sees a vibe shift on climate tech

Oil industry sees a vibe shift on climate tech

[ad_1] “It’s blurred the lines” on what had in the past been rigid lanes that differentiate companies, Harbert said in an interview. The signs that the traditional oil industry is changing were everywhere. The head of Abu Dhabi’s state-owned oil company ADNOC bragged about his company’s solar power investments and admonished other companies to do…

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