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Vol. 7, No. 27 Week of July 07, 2002
Providing coverage of Alaska and northern Canada's oil and gas industry


Reality check

BP’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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