The Supreme Court decision could mean stricter permitting is required for Constantine Metal Resources’ expansion plans for a mine project near Haines.
So far, over fifty thousand gallons of oily water have been recovered from Port Valdez from which 590 gallons of pure oil have been recovered.
In a statement late Sunday, BP confirmed its commitment to close the multi-billion dollar sale.
The company that runs the trans-Alaska pipeline announced a 10% cut to North Slope oil production Friday, amid a global oversupply of crude caused by the COVID-19 pandemic.
The for-profit corporations are eligible for a share of the $8 billion in funding set aside for Native American tribes. That’s led to some heated rhetoric in the Lower 48 and on Capitol Hill.
While crude prices have continued to plummet in recent weeks, and oil companies have announced spending cuts, Monday’s price meltdown for the Lower 48 benchmark was particularly staggering.
Four birds have died in the area and crews have set up additional containment booms around a nearby hatchery and the Valdez Duck Flats.
The case is about the so-called “pre-emptive veto” the Environmental Protection Agency issued during the Obama administration.
The City of Valdez is appealing a decision from the Regulatory Commission of Alaska, the state agency tasked with reviewing a critical piece of BP’s proposed $5.6 billion sale to Hilcorp.
This cut announcement is on top of a $200 million reduction the oil giant announced last month.