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BP: Alaska majors cut spending.(Corporate News)(BP Exploration (Alaska) Inc.)

Publication: The Oil Daily
Publication Date: 29-JAN-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: BP: Alaska majors cut spending.(Corporate News)(BP Exploration (Alaska) Inc.)(Brief article)

Article Excerpt
Alaska's oil tax hike has pushed the state's three major energy producers to chop at least $400 million from their 2008 spending plans and to jettison a massive heavy oil expansion project in the Prudhoe Bay field, BP officials said on Friday.

The move marks the first big reduction...

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