Conoco Closes In On Drilling Project In Alaska

Law360, New York (December 06, 2011, 5:46 PM ET) -- U.S. environmental regulators agreed Monday to allow ConocoPhillips to build a pipeline and bridge over a major river in northern Alaska, bringing the energy giant closer to launching the first oil and gas production in a key Arctic petroleum reserve.

The U.S. Environmental Protection Agency and the Fish and Wildlife Service reached an agreement in principle with ConocoPhillips to construct a pipeline and bridge over the Colville River to carry oil, gas and equipment from the National Petroleum Reserve-Alaska.

The 22.6 million-acre reserve, which is managed...
To view the full article, take a free trial now.

Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers

Required