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Reuters
Legal setbacks not stalling ConocoPhillips plans in Alaska – official
ConocoPhillips is pushing forward on its massive Willow development on Alaska’s North Slope and has not lost time in its schedule, despite a recent federal court ruling that overturned Trump administration approval for the project, an Alaska manager for the company said Wednesday. Alaskan officials have been eager to see oil drilling increase to boost tax revenue at a time when most new U.S. output is concentrated in Texas and other nearby states. ConocoPhillips is Alaska’s largest producer, and plans to spend $4 billion to $6 billion on Willow, located in the National Petroleum Reserve in Alaska (NPR-A).
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