British oil giant BP exits Alaska
Oil giant BP is undertaking a US$10 billion divestment programme to help shore up its balance sheet. – EPA pic, August 28, 2019.
BRITISH oil giant BP said yesterday it will sell all of its Alaska operations for US$5.6 billion , exiting the state after 60 years to help meet divestment goals. The local firm Hilcorp Alaska will acquire the BP assets, including operations in the mammoth Prudhoe Bay oilfield, BP said in a statement.
Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CITES to impose near-total ban on sending wild elephants to zoos | The Malaysian InsightEU waters down ban slightly, Zimbabwe opposes decision to prohibit transfer of all African elephants caught in the wild to so-called captive facilities.
Read more »
Jabatan Meteorologi keluar nasihat Ribut Tropika Podul | The Malaysian InsightRibut tropika itu boleh menyebabkan berlakunya angin kencang dan laut bergelora.
Read more »
Bolsonaro open to foreign aid to fight Amazon fires | The Malaysian InsightBrazilian caveat includes control of all funds channelled towards fighting more than 82,000 fires devastating rainforest.
Read more »
Green groups: Malaysians not against foreign investment, but Putrajaya can’t put profit over planet | Malay MailKUALA LUMPUR, Aug 28 — Putrajaya must scrutinise foreign investment and not put financial gains above environmental concerns, environmental groups said after the government warned against scaring off investors if the controversial rare earth miner Lynas Corp were shunned. Malaysian Nature Society...
Read more »
‘Don’t know, don’t care’ - how 1-in-6 Malaysians feel about other religions, culturesOn the flipside, a survey finds 60 percent said they are familiar with other religions and cultures.
Read more »
Axiata and Telenor's proposed merger may not happen, after all | SoyaCincau.comAxiata and Telenor's proposed merger may not happen, after all. However, Axiata Group CEO also says that talks are still ongoing.
Read more »