ConocoPhillips Wastes No Time Starting Construction on Oil Project in Alaska
The ConocoPhillips building in Anchorage, Alaska.
Photographer: David Ryder/Bloomberg
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ConocoPhillips wasted no time beginning work on its controversial $8 billion Willow oil project in Alaska after President Joe Biden approved the venture.
Within hours of the administration announcing its green light Monday, the company started building ice roads inside the National Petroleum Reserve-Alaska to enable the movement of heavy equipment, according to a person familiar with the matter. ConocoPhillips expects to reach the site of a planned gravel mine and begin operations there as soon as Sunday, the person said.