ConocoPhillips nearing Willow FID
Alaska's upstream continues to gain momentum despite environmental concerns
US superindie ConocoPhillips appears close to making an FID on its $8bn Willow oil project in Alaska, after missing two construction seasons due to lawsuits filed by conservation groups against its original federal regulatory approval. The development follows closely on the heels of Australian independent Santos and Spanish energy company Repsol sanctioning the first phase of the Pikka oil project in August, but it appears more significant for the Alaskan oil industry as it opens the National Petroleum Reserve-Alaska (NPR-A) to development. Long and winding road “Project planning [for Willow] has spanned five presidential administrations,” Rebecca Boys, a spokeswoman for ConocoPhillips Alask
Also in this section
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation






