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Vol. 13, No. 48 Week of November 30, 2008
Providing coverage of Alaska and northern Canada's oil and gas industry


BP breaks a billion

Amid new taxes and sinking prices, BP plans $1.2 capex program for 2009

Eric Lidji

Petroleum News

BP is budgeting $1.2 billion in capital expenditures for Alaska in 2009, a 33 percent increase from current year spending, according to the outgoing president of the local subsidiary. But the company also expects a 10 percent drop in drilling at Prudhoe Bay next year. The figures came nearly a year....

    [additional news subjects in this story]

Several deferred projects

$400 million for new projects

Suttles: “Gas is not enough”

Eni fleshes out its development plans

Bowles: Can’t lose sight of prices


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