(Reuters) - British oil major BP Plc on Tuesday agreed to sell all its Alaskan properties for $5.6 billion (£4.6 billion) to privately held Hilcorp Energy Co, exiting a region where it operated for 60 ...
There goes the other pipeline. Back in the day, BP Plc was sometimes dismissed as a “two-pipelines company.” This referred to two of its biggest positions: The Forties field and pipeline system in the ...
BP has started restoring output at a 77,000 barrel per day oil gathering centre at a key Prudhoe Bay oilfield, after shutting it in on Wednesday due to a fire. The supermajor confirmed reports of the ...