ANCHORAGE, Alaska — The first oil and gas production wells in federal Arctic waters have been approved by U.S. regulators. The Bureau of Ocean Energy Management on Oct. 24 announced it issued a conditional permit for the Liberty Project, a proposal by a subsidiary of Houston-based Hilcorp for production wells on an artificial island in the Beaufort Sea.
October 24, 2018Business
Obama Lifts Ban on Deepwater Oil Drilling
The Obama administration has lifted a moratorium on deep-water oil drilling that it imposed in April in the wake of the BP oil spill in the Gulf of Mexico, the Associated Press reported.
October 13, 2010