Biden Bans New Offshore Drilling in Arctic Bering Sea Ahead of Incoming Trump Administration Following new measures by President Biden much of the U.S. waters around the Bering Strait are now off limits to oil and gas exploration. The ban will likely prove difficult to reverse though upcoming President Trump promised to “unban” it on day one.
Biden Administration Renews Green Light for Alaska LNG Project The global liquified natural gas boom continues to make its way into the Arctic. In addition to production at Norway’s Hammerfest LNG and Russia’s Yamal LNG, the US may also produce liquified natural gas in the Arctic before the end of the decade. A critical export license for the planned Alaska LNG project was reauthorized last week.
