Willow oil project, a “carbon bomb” according to Greenpeace

Joe Biden's decision on the Willow oil project in Alaska is highly anticipated. The economic stakes are enormous, but environmental groups are campaigning to prevent it, pointing to the environmental consequences and the climate commitments of the Biden administration.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

President Joe Biden must soon decide whether the Willow oil project in Alaska gets U.S. government approval. This decision was taken in a context of strong pressure from environmental associations. The project, originally approved by the Trump administration, was temporarily halted in 2021 by a judge, who referred it for further government review.

The economic stakes are enormous, but Joe Biden’s decision is highly anticipated, as he had promised not to authorize new oil and gas drilling on federal lands. Symbolically, the drilling would be done in a northern Alaskan wilderness area in the Arctic, where temperatures are warming much faster than the rest of the planet, bearing the brunt of the adverse effects of human-related greenhouse gas emissions.

Massive opposition from environmental associations

Supporters of the project see it as a source of jobs, a contribution to U.S. energy independence and, for some, an inevitable step in the transition to other energy sources. However, the environmental associations are making a massive campaign to prevent the realization of the project. “If approved, the Willow project would become the largest oil extraction project on federal lands in the United States,” Greenpeace pointed out, calling it a “carbon bomb.” “We can’t afford it, as a planet,” the Earthjustice organization asserted. An online petition on Change.org has gathered more than three million signatures. A wave of videos opposing the project also broke on the social network TikTok. The hashtag #StopWillow had more than 150 million views as of midday Thursday.

Project Reduction and Environmental Concerns

In early February, the Bureau of Land Management released its environmental analysis, in which it detailed a “preferred alternative.” The latter would reduce the project to three drilling sites instead of five, with approximately 219 wells. This would allow the production of 576 million barrels of oil over about 30 years, according to the office’s estimates. This would result in the emission of 9.2 million tons of CO2 per year. The U.S. agency notes that this amount represents 0.1% of U.S. greenhouse gas emissions in 2019. A fourth drill site could then be added under this scenario.

The American oil giant ConocoPhillips had “welcomed” the publication of this report and considered that the proposed alternative was “a viable path for the future development of (its) lease”.

The U.S. government has also expressed concern about greenhouse gas emissions. The economic stakes are enormous, but the environmental consequences and the Biden administration’s climate commitments must also be taken into account.

Oil proponents pressure Joe Biden

In early March, three Alaska elected officials in the U.S. Congress, including Republican Senator Lisa Murkowski, urged President Biden to approve the “Willow” project. They emphasized the economic benefits to Alaska and the energy security of the United States. However, Joe Biden has pledged to reduce U.S. greenhouse gas emissions and meet the commitments of the Paris Climate Agreement. It remains to be seen what decision will be made on this controversial project.

Khartoum et Juba annoncent un mécanisme commun pour protéger les oléoducs transfrontaliers, sans clarifier le rôle des forces armées non étatiques qui contrôlent une partie des installations.
The Namibian government signed an agreement with McDermott to strengthen local skills in offshore engineering and operations, aiming to increase oil sector local content to 15% by 2030.
Nigeria deploys a 2.2 million-barrel floating storage unit funded by public investment, strengthening sovereignty over oil exports and reducing losses from theft and infrastructure failures.
Despite open statements of dialogue, the federal government maintains an ambiguous regulatory framework that hinders interprovincial oil projects, leaving the industry in doubt.
Canada’s Sintana Energy acquires Challenger Energy in a $61mn all-share deal, targeting offshore exploration in Namibia and Uruguay. The move highlights growing consolidation among independent oil exploration firms.
The 120,000-barrel-per-day catalytic cracking unit at the Beaumont site resumed operations after an unexpected shutdown caused by a technical incident earlier in the week.
An agreement was reached between Khartoum and Juba to protect key oil installations, as ongoing armed conflict continues to threaten crude flows vital to both economies.
Alnaft has signed two study agreements with Omani firm Petrogas E&P on the Touggourt and Berkine basins, aiming to update hydrocarbon potential in key oil-producing areas.
Import quotas exhaustion and falling demand push Chinese independent refineries to sharply reduce Iranian crude volumes, affecting supply levels and putting downward pressure on prices.
Serbian oil company NIS, partially owned by Gazprom, faces newly enforced US sanctions after a nine-month reprieve, testing the country's fuel supply chain.
US-based Chevron appoints Kevin McLachlan, a veteran of TotalEnergies, as its global head of exploration, in a strategic move targeting Nigeria, Angola and Namibia.
Lycos Energy finalises the sale of its Alberta assets for $60mn, planning an immediate $47.9mn cash distribution to shareholders and the launch of a share buyback programme.
Russian oil output moved closer to its OPEC+ allocation in September, with a steady rise confirmed by Deputy Prime Minister Alexander Novak.
Fuel shortages now affect Bamako, struck in turn by a jihadist blockade targeting petroleum flows from Ivorian and Senegalese ports, severely disrupting national logistics.
McDermott has signed a memorandum of understanding with PETROFUND to launch technical training programmes aimed at strengthening local skills in Namibia’s oil and gas sector.
The example of OML 17 highlights the success of an African-led oil production model based on local accountability, strengthening Nigeria’s position in public energy investment.
ExxonMobil has signed a memorandum of understanding with the Iraqi government to develop the Majnoon oil field, marking its return to the country after a two-year absence.
Crude prices rose following the decision by the Organization of the Petroleum Exporting Countries and its allies to increase production only marginally in November, despite ongoing signs of oversupply.
Cenovus Energy modifies terms of its acquisition of MEG Energy by increasing the offer value and adjusting the cash-share split, while reporting record third-quarter results.
Hungarian oil group MOL and Croatian operator JANAF are negotiating an extension of their crude transport agreement as the region seeks to reduce reliance on Russian oil.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.