(Bloomberg) -- Oil companies declined to bid in a US government auction for drilling rights in the Arctic National Wildlife Refuge, as industry interest wanes in a region that’s rich with crude ...

The U.S. Interior Department said on Wednesday a congressionally mandated oil and gas drilling lease auction in Alaska's Arctic National Wildlife Refuge received no bids from energy companies.

[Photo: Reuters/Dado Ruvic/Illustration/File Photo] BY Reuters 2 minute read The U.S. Interior Department said on Wednesday a congressionally mandated oil and gas drilling lease auction in Alaska ...

A prior auction for drilling rights, held under the Trump administration, received a small number of bids, most of which came from the state of Alaska’s Industrial Development and Export Authority.

Oil companies declined to bid in a U.S. government auction for drilling rights in the Arctic National Wildlife Refuge. Oil companies declined to bid in a US government auction for drilling rights ...

(Reuters) -The U.S. Interior Department said on Wednesday a congressionally mandated oil and gas drilling lease auction in Alaska's Arctic National Wildlife Refuge received no bids from energy ...

It marked the second time in four years an auction of oil and gas leases in the refuge’s 1.6-million-acre coastal plain flopped, coming after a 2021 sale held under President-elect Donald Trump ...