Todays Key Takeaways: Biden blocks Cook Inlet lease sales – claiming no interest. Conoco Phillips provides details. Germany to cut red tape for LNG projects. Ucore advancing Bokan. New Alaska news outlet focusing on politics. NEWS OF THE DAY: Biden pulls 3 offshore oil lease sales, curbing new drilling this yearAnna Phillips, The Washington Post, May 12, 2022 The Interior … read more
Today’s Key Takeaways: ConocoPhillips sets new record for drilling. Study: oil companies have very limited role in setting gas prices. European Union considers relaxing environmental regulations for wind, solar projects to add capacity more quickly. Alaska Senate passes $4200 PFD. NEW OF THE DAY: ConocoPhillips set new record for North Slope horizontal oil drilling; production on slope holding steadyTim Bradner, … read more
Exclusive: Biden sidelined global energy partners with record emergency oil releaseNoah Browning, Dmitry Zhdannikov, Reuters, May 9, 2022 The United States announced a record-sized release of emergency crude oil reserves in March without consulting partners in the International Energy Agency, leaving them scrambling to match with releases of their own, according to two sources familiar with the matter. Unilateral action … read more
