Space Industry and Business News  
OIL AND GAS
US Interior Dept approves oil drilling in Arctic refuge
by Staff Writers
Washington (AFP) Aug 17, 2020

The US Department of the Interior approved oil and gas drilling on Monday in Alaska's pristine Arctic National Wildlife Refuge (ANWR).

Interior Secretary David Bernhardt said in an interview with The Wall Street Journal that drilling leases could be auctioned off by the end of the year.

Environmental groups vowed to fight the move to allow drilling in the remote area of northeast Alaska which is home to polar bears, caribou and other animals.

"Our climate is in crisis, oil prices have cratered, and major banks are pulling out of Arctic financing right and left," Adam Kolton, executive director of the Alaska Wilderness League, said in a statement.

"And yet the Trump administration continues its race to liquidate our nation's last great wilderness, putting at risk the indigenous peoples and iconic wildlife that depend on it."

The then Republican-held US House of Representatives and Senate approved oil leases in part of the vast federally-owned refuge three years ago.

"Congress gave us a very clear directive here, and we have to carry out that directive," Bernhardt said. "I have a remarkable degree of confidence that this can be done in a way that is responsible, sustainable and environmentally benign."

With oil prices at 15-year lows and potential deposits unknown, it is unclear how much bidding interest there will be among the major oil companies.

"We will continue to fight this at every turn, in the courts, in Congress and in the corporate boardrooms," said Kolton of the Alaska Wilderness League.

"Any oil company that would seek to drill in the Arctic Refuge will face enormous reputational, legal and financial risks."


Related Links
All About Oil and Gas News at OilGasDaily.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


OIL AND GAS
France bolsters Med presence as Turkey tensions worsen
Paris (AFP) Aug 13, 2020
Tensions between France and Turkey increased on Thursday as Paris announced it was "temporarily reinforcing" its military presence in the eastern Mediterranean, where Ankara is quarrelling with Greece over gas reserves. France also criticised its NATO ally over a drone strike this week in northern Iraq, while Turkish President Recep Tayyip Erdogan accused French counterpart Emmanuel Macron of seeking to "bring back a colonialist structure" as he visited Lebanon. The United States called for a lo ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

OIL AND GAS
'Fortnite' maker sues Apple over app restrictions

Digital content to total half Earth's mass by 2245

French firm thrusts Microsoft Flight Simulator to new take-off

Apple and Google pull 'Fortnite' from mobile app shops

OIL AND GAS
U.S. Army readies 'Capability Set '23' for communications modernization

Northrop Grumman to provide key electronic warfare capabilities for AC MC-130J aircraft

South Korea's first military satellite launched

Alion to provide support to USAF for spectrum management

OIL AND GAS
OIL AND GAS
Air Force navigation technology satellite passes critical design review

Beidou's eye can help spot and stop rampant illegal mining

Full global service of Beidou signals space tech independence

Beidou also belongs to world

OIL AND GAS
Cathay Pacific reports first-half loss of US$1.27 billion

F-16 pilots to face off against AI in simulated dogfight for DARPA

Virgin seeks to revive supersonic commercial flight -- but faster

Lockheed, Boeing and Saab bid on Canada's fighter jet contract

OIL AND GAS
US court overturns Qualcomm defeat in antitrust case

DARPA Selects Teams to Increase Security of Semiconductor Supply Chain

Spin, spin, spin: researchers enhance electron spin longevity

'Drawn-on-skin' electronics offer breakthrough in wearable monitors

OIL AND GAS
China launches new optical remote-sensing satellite

Researchers take the ultimate Earth selfie

Rocket sees curling waves above Alaskan sky

Contract signed to build Europe's carbon dioxide monitoring mission

OIL AND GAS
Damaged ship leaking oil off Mauritius could split: PM

Disparities in a common air pollutant are visible from space

Malaysia ditches law to combat forest fire smog

In Mecca, dreams of a 'green hajj'









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.