BP shareholders nix anti-ANWR, anti-fossil fuel resolution - April 28, 2001

Providing coverage of Alaska and northern Canada's oil and gas industryApril 2001

Vol. 6, No. 4

Week of April 28, 2001

BP shareholders nix anti-ANWR, anti-fossil fuel resolution

Steve Sutherlin

A preliminary tally on April 18 indicates BP shareholders have overwhelmingly rejected Special Resolution 18 “Directing the Board to Report on Reducing/Eliminating the Production of Fossil Fuels in Response to Climate Change”. The shareholder resolution if passed would have directed the board to avoid drilling in ANWR for environmental reasons.

Of the shareholders who voted, 92.6 percent voted against the resolution, and 7.4 percent were in favor, according to Wendy Silcock of the company’s London office.

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