ConocoPhillips Greenlights $8 Billion Oil Project In Alaska Following Failed Block By Native Groups
COPConocoPhillips(COP) Forbes·2023-12-23 03:59

Topline Oil producer ConocoPhillips announced Friday it approved the construction funds for a $8 billion oil-drilling operation in Alaska known as Project Willow, a final investment decision that comes days after a federal appeals court rejected a bid from environmental and Alaska Native groups that sought to block the project’s construction. The project was approved by the U.S. Department of Interior in March. (Photo by Greg A. ... [+] Syverson/Getty Images) Getty Images Key Facts The project was approved ...