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Vol. 14, No. 11 Week of March 15, 2009
Providing coverage of Alaska and northern Canada's oil and gas industry


Up and down for BP in 2008

Alaska revenues and taxes rise while profits and production fall

Eric Lidji

Petroleum News

BP Exploration (Alaska) Inc. earned $1.95 billion last year, down 21 percent from 2007 even as revenues increased 15 percent, the result of a progressive production tax paired against record high oil prices and declining production from aging North Slope oil fields. In year-end financial documents f....

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Oil price critical factor

Production declining


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