Alaska

ConocoPhillips challenges permit for Santos’ Alaska oil project

Published

2 years ago

April 20, 2022

ConocoPhillips challenges permit for Santos’ Alaska oil project

A display shows the emblem for ConocoPhillips on the ground of the New York Inventory Alternate (NYSE) in New York Metropolis, U.S., April 6, 2022. REUTERS/Brendan McDermid

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MELBOURNE, April 21 (Reuters) – ConocoPhillips (COP.N) is difficult a land use allow issued by the state of Alaska that will block the event of Santos’ (STO.AX) $3 billion Pikka mission, the most important new oil mission on Alaskan land in a long time.

The attraction marks the newest transfer in a dispute between ConocoPhillips and Pikka developer Oil Search, which Santos acquired final 12 months, over charges that Oil Search would pay ConocoPhillips to make use of roads within the U.S. impartial’s Kuparuk River Unit (KRU), subsequent to Pikka.

Oil Search rejected ConocoPhillips’ proposal to pay $95 million in charges and utilized to the state for a allow to entry the roads, which the Alaska Division of Pure Assets granted on March 29, till the 2 corporations attain a highway use settlement. learn extra

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ConocoPhillips is difficult that let on the grounds the division “improperly granted” Oil Search “entry to KRU roads which can be the personal property of the KRU lessees”, in response to a letter dated April 5, and reviewed by Reuters, from the corporate to division Commissioner Corri Feige.

Feige has granted ConocoPhillips till Might 18 to file extra info and given Oil Search till June 7 to reply, in response to an April 8 letter reviewed by Reuters from Feige to the 2 corporations.

Feige denied a request from ConocoPhillips to place a maintain on the land use allow whereas the attraction is being thought of.

The roads dispute casts a cloud on Santos’ effort to draw patrons for its 51% stake in Pikka. ConocoPhillips, the biggest oil producer in Alaska, had earlier held talks with Oil Search to purchase a stake in Pikka and remains to be seen as a possible bidder.

In a quarterly report on Thursday, Santos reaffirmed its steering on Pikka, saying the mission’s Section 1 has obtained all main environmental and regulatory approvals and is on observe to be prepared for a last funding resolution by mid-year.

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Reporting by Sonali Paul; Modifying by Christian Schmollinger

Our Requirements: The Thomson Reuters Belief Ideas.

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Related Topics:AMERS asia AU AUNZ CMPNY COM CRU ENER ENFF ENG ENR EXPRO EXPRO1 Featured NAMER NGS NRG OILG OILI OILI08 us USAAK

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Alaska

Alaska Oil, Gas Rule Draws Lawsuit Alleging Agency Overreach (1)

Published

4 hours ago

June 28, 2024

Press Room

Alaska Oil, Gas Rule Draws Lawsuit Alleging Agency Overreach (1)

An organization of communities in Alaska’s far north sued the Bureau of Land Management Friday over a rule they said “turns a petroleum reserve into millions of acres of de facto wilderness.”

The lawsuit appears to be one of the first to be filed under the Administrative Procedure Act in the wake of the US Supreme Court’s Loper Bright decision dismantling the Chevron doctrine.

Voice of the Arctic Iñupiat alleges that BLM’s “NPR-A Rule” forbids oil and gas development in 10.6 million acres of Alaska, and effectively ends any further leasing and development in an additional 13.1 million acres.

The rule is “directly contrary” to Congress’s purpose in creating the Natural Petroleum Reserve in Alaska—to further oil and gas exploration and development, Voice said in its complaint filed in the US District Court for the District of Alaska. BLM “disingenuously” claims that the rule “speaks for Alaska Natives,” the group said.

The rule violates several federal laws, including the Alaska Native Claims Settlement Act, the National Environmental Policy Act, and the Federal Land Policy and Management Act of 1976. It is therefore arbitrary and capricious under the APA, the complaint says.

Voice is represented by Ashburn & Mason P.C.

The case is Voice of the Arctic Iñupiat v. Bureau of Land Mgmt., D. Alaska, No. 24-136, complaint filed 6/28/24.

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Alaska

Korea- Alaska Friendship Day Festival | 650 KENI | Jun 29th, 2024 | Dimond Center east side of the parking lot

Published

11 hours ago

June 28, 2024

Press Room

Korea- Alaska Friendship Day Festival | 650 KENI | Jun 29th, 2024 | Dimond Center east side of the parking lot

K-food, K-pop, K-culture Enjoy amazing Korean food, and a variety of performances including Chicago’s K-Pop dance team: Prism-KRU, Cover Dance Festival World Champions in 2022 & 2023.

Win prizes and be sure to check out all vendors!

The Korean American Community of Anchorage Celebrating 50 years as a Korean American community in Anchorage.

Lucy will be broadcasting live from 11-12p!

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Alaska

Interior Rejects Alaska Mine Road, Protects 28 Million Acres

Published

18 hours ago

June 28, 2024

Press Room

Interior Rejects Alaska Mine Road, Protects 28 Million Acres

The Interior Department on Friday moved to prevent mining across Alaska by blocking a road to the copper-rich Ambler Mining District and protecting 28 million acres of federal land statewide from minerals development.

Ambler Road, a proposed 211-mile mining road across Alaska’s Brooks Range, was formally rejected by the Bureau of Land Management, setting up an expected legal clash with the state.

The Interior Department also took a step toward blocking mining and other development on 28 million acres of federal land known as “D-1″ lands under the Alaska Native Claims Settlement Act. The Bureau of Land Management on Friday …

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