Tag: BP PLC
Denali natural gas pipeline project scrapped
A ConocoPhillips and BP PLC joint venture has announced it is scrapping a $35 billion Alaska natural-gas pipeline project. But the $41 billion pipeline project proposed by Exxon Mobile Corp and TransCanada Corp is still on track.
South China Sea exploration block
BP Plc is set to partner with Chevron Corp. to bid for a South China Sea exploration block. Chevron will have a 60% stake in the block and act as operator with BP holding the remaining interest.