Proposed Interior Department rules for drilling in the Western Arctic are spurring two contradictory views: that President Joe Biden has thwarted an oil boom in northern Alaska or paved the way for one.
Despite polar dark and freezing cold, Rosneft sends thousands of tons of construction materials to its Vostok Oil project in the far northern Taymyr Peninsula.
Nearly four months after the Trump administration sold oil leases in the Arctic National Wildlife Refuge, oil activity on federal lands remains in limbo as the new administration evaluates its policy options for the area.
Russia is attempting to claim more of the Arctic seabed, an area rich in oil, gas and minerals. It's also expanding shipping and reopening Arctic bases. Here are two things the US can do about it now.
U.S. District Court Judge Sharon Gleason will hear oral arguments at 1 p.m. Monday, just two days before the federal government plans to hold its lease sale.
With all six major U.S. banks adopting policies against financing new Arctic oil development — and now five major Canadian banks doing the same — Alaska Gov. Mike Dunleavy has announced his plan to retaliate.
