BP plans spending cuts, but not a lotBP 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 isn’t planning any major cuts this year in response to lower oil prices.
“We’re probably not going to spend next year as much as we thought, but it’s not a major change. We’re going to be okay. We’re 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
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $59 per year.
Subscribers log in here to read the entire newspaper (1998 to 01/31/2012)
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
circulation@PetroleumNews.com --- http://www.petroleumnews.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2011 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.
| 
