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Development of Willow could open the door for other oil projects
US Upstream Superindies
Vincent Lauerman
15 February 2023
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Alaska’s Willow project faces regulatory uncertainty

Even a completed environmental assessment might not guarantee progress

The US Bureau of Land Management (BLM) published its final Supplemental Environmental Impact Assessment (SEIS) for ConocoPhillips’ Willow oil project in early February. The assessment identified a preference for “Alternative E”, comprising a scaled-back development option with three drill sites and the potential for a fourth. But the future of the project in the federally owned and managed National Petroleum Reserve-Alaska (NPR-A) remains in doubt, even with Alaskan state officials sending letters of support to the BLM in recent months. “We are awaiting the final Record of Decision [ROD] following the SEIS,” Mark Oberstoetter, head of Americas non-L48 upstream research at Edinburgh-based con

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Venezuela’s true oil potential
9 January 2026
The Latin American producer’s crude prospects rely on a multi-pronged approach where even the relatively easy wins will take considerable time, effort and cost
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Outlook 2026
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While many forecasters are reasserting the importance of oil and gas, petrostates should be under no illusion things are changing, and faster than they might think
Southeast Asia’s digital age requires the right energy mix
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Outlook 2006: The North Sea’s next chapter – From backbone to blueprint
Outlook 2026
8 January 2026
The next five years will be critical for the North Sea, and it will be policy not geology that will decide the basin’s future

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