BP said yesterday it had amended financial terms of the US$5.6 billion sale of its Alaska business to privately owned Hilcorp Energy following the collapse in oil prices due to the COVID-19 outbreak. The original sale price will not be changed under the new terms, but...
BP yesterday announced that a US$5.6 billion divestment deal had been agreed with private oil and gas firm Hilcorp for its entire remaining business in the US state of Alaska. The UK-based oil and gas giant said the deal is part of its plans to raise...
Spanish energy company Repsol (BMAD:REP) has announced an oil reserve of 1.2 billion barrels has been discovered in Alaska, which the firm believes is the largest onshore find in the US in three decades. In a company statement Repsol said the resource could provide production levels...