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A Texas firm is gearing up for a $150 million search for oil beneath the Arctic coast

Posted 9/6/25

Last year, one of the world’s biggest oil companies walked away from a handful of promising leases in shallow waters just off the coast of Alaska’s North Slope. The move by Shell, which some observers attributed to pressure from the company’s climate-conscious investors, raised questions about the future of oil development in the Arctic, particularly in more […]

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