Publication date: April 19, 2024
New Regulations Limit Arctic Oil Drilling

New Regulations Limit Arctic Oil Drilling

The U.S. Interior Department finalizes restrictions on oil and gas projects in parts of Alaska.

Legislation

The U.S. Interior Department has introduced a new ruling that constrains future oil and gas exploration and extraction across approximately 13 million acres within the National Petroleum Reserve-Alaska. This action forms part of the government's ongoing efforts to balance energy development with environmental conservation.