ConocoPhillips expects a positive decision by the BLM by the end of this year
ConocoPhillips nearing Willow FID
Alaska's upstream continues to gain momentum despite environmental concerns
US superindie ConocoPhillips appears close to making an FID on its $8bn Willow oil project in Alaska, after missing two construction seasons due to lawsuits filed by conservation groups against its original federal regulatory approval. The development follows closely on the heels of Australian independent Santos and Spanish energy company Repsol sanctioning the first phase of the Pikka oil project in August, but it appears more significant for the Alaskan oil industry as it opens the National Petroleum Reserve-Alaska (NPR-A) to development. Long and winding road “Project planning [for Willow] has spanned five presidential administrations,” Rebecca Boys, a spokeswoman for ConocoPhillips Alask
Also in this section
10 March 2026
From Venezuela to Hormuz, the US—backed by the most powerful military force ever assembled—is redrawing not only oil and gas flows but also the global balance of energy power
10 March 2026
By shutting the Strait of Hormuz, Iran has cut exports of distillate-rich Middle Eastern crude, jet fuel and diesel, and is holding the energy market hostage
10 March 2026
Eni’s director for global gas and LNG portfolio, Cristian Signoretto, discusses how demand will respond to rising LNG supply, and how the company is expanding its own gas and LNG operations through disciplined, capital-efficient investments
9 March 2026
Petroleum Economist analysis sees increases in output from Saudi Arabia, Venezuela and Kazakhstan among others before region’s murky descent
