Reality checkBP’s CEO Lord John Browne tells Anchorage audience gas pipeline not profitable; says it costs more to produce oil as Prudhoe declines Kristen Nelson PNA Editor-in-Chief
Lord John Browne, BP’s chief executive officer, told an Anchorage audience June 28 that he learned about the reality of the oil industry on his first job with BP — in Alaska.
That grounding in reality was important, he said, “because business has to be about reality or it fails.”
“I put that heavy....
[additional news subjects in this story]
Reality of maturity Possibility of natural gas development Duty to shareholders Possible policy changes
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