Tip of the iceberg. The Chicago shakedown is going to leave BP much less able to fund a share of the Alaska Gas Pipeline.
From UpStream Online: BP will slash its capital spending budget, sell $10 billion in assets and drop its dividend to pay for a $20 billion spill response fund.
File this one under "Crazy random occurrences 5000 miles away the screw your project into oblivion"
Showing posts with label Shakedown. Show all posts
Showing posts with label Shakedown. Show all posts
Friday, June 18, 2010
BP to cut capex, sell assets for $20bn payout
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