Canadian industry singing praises of Inflation Reduction Act as federal budget nears
Canadian oil and gas companies are singing from the same songbook in the lead-up to the 2023 federal budget, and its title is the Inflation Reduction Act.
The U.S. legislation, signed into law by U.S. President Joe Biden in August of last year, has been brought up again and again in recent weeks by industry leaders jockeying for support for emissions reductions projects.
Explainer: Alaska’s Willow oil project is controversial. Here’s why.
The Biden administration is approving a major oil project on Alaska’s petroleum-rich North Slope that supporters say represents an economic lifeline for Indigenous communities in the region but environmentalists say is counter to President Joe Biden’s climate goals.
The decision on ConocoPhillips Alaska’s Willow project, in a federal oil reserve roughly the size of Indiana, was revealed Monday.
Biden OKs major Willow oil drilling in Alaska over protests
The Biden administration said Monday it is approving the major Willow oil project on Alaska’s petroleum-rich North Slope, one of President Joe Biden’s most consequential climate choices that is drawing condemnation from environmentalists who say it flies in the face of the Democratic president’s pledges.
The announcement comes a day after the administration, in a big move toward conservation, said it would bar or limit drilling in some other areas of Alaska and the Arctic Ocean.
Sweep, shoot, swing, swing again: Estevan Oilfield Technical Society has four events lined up in coming months
The Estevan OTS has a bonspiel coming up in less than two weeks, a trap shoot and two golf tournaments
As Biden weighs Willow, he blocks other Alaska oil drilling
As President Joe Biden prepares a final decision on the huge Willow oil project in Alaska, his administration announced he will prevent or limit oil drilling in 16 million acres in Alaska and the Arctic Ocean.
Plans announced Sunday night will bar drilling in nearly 3 million acres of the Beaufort Sea — closing it off from oil exploration — and limit drilling in more than 13 million acres in a vast swath of land known as the National Petroleum Reserve – Alaska.
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