Chevron and Hilcorp have paid $10 million to terminate their leases in the Arctic National Wildlife Refuge, according to the Anchorage Daily News, citing page 21 of the 2021 Arctic Slope annual report. A Chevron spokesperson confirmed “Chevron’s decision to formally relinquish its legacy lease position” to the Alaskan newspaper, while Hilcorp did not comment to the outlet.
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