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Vol. 20, No. 18 Week of May 03, 2015
Providing coverage of Alaska and northern Canada's oil and gas industry


Lower prices take slice out of BP profits

State attorney general objects to filing of additional cost items gas utility wants to include in argument for increasing fees

Danica Kirka

Associated Press

BP reported April 28 that its first-quarter profit fell 26 percent in the wake of the sharp drop in oil prices, less than many analysts had feared. The London-based company said net income for the quarter was $2.6 billion, compared with $3.5 billion in the same period last year. Market expectations....

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Brent down by half


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