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Vol. 14, No. 21 Week of May 24, 2009
Providing coverage of Alaska and northern Canada's oil and gas industry


BP plans spending cuts, but not a lot

BP planning for $50 oil; Pioneer focused on Alaska developments during low price environment; Shell planning new anchor handler, companies tell annual Alaska Oil and Gas Association meet

Eric Lidji

Petroleum News

BP isnt planning any major cuts this year in response to lower oil prices. Were probably not going to spend next year as much as we thought, but its not a major change. Were going to be okay. Were still investing a lot of money, John Minge, the new head of BP Exploration (Alaska) Inc., said d....

    [additional news subjects in this story]

Pioneer to frac at Oooguruk

Shell to build anchor handler


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