ConocoPhillips spending cuts not expected to impact AlaskaCompany is emphasizing big operations; pulling back from marginal investments Allen Baker PNA Contributing Writer
Alaska likely won’t feel much of a pinch next year as ConocoPhillips cuts capital spending by $2 billion next year and sells off $3 billion to $4 billion in assets.
Big ‘legacy’ areas such as Alaska’s North Slope and the North Sea are the future focus for ConocoPhillips, CEO James J. Mulva explained....
[additional news subjects in this story]
Optimism on Arctic gas Higher Alaska production Alpine satellites Flat production costs
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