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Statement: Last oil company pulls out of the Arctic Refuge

Wildlife & wild places

Statement: Last oil company pulls out of the Arctic Refuge

The only oil company to be awarded Arctic Refuge oil leases during the January 2021 lease sale held in the final days of the Trump administration has canceled its lease, according to the Anchorage Daily News. The news of the lease cancellation by 88 Energy comes just days after the news broke that Chevron and Hilcorp terminated their leases in the Arctic National Wildlife Refuge in October 2021.

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