BP and ConocoPhillips to build gas pipeline to United States and Canada
BP and ConocoPhillips to build gas pipeline to United States and Canada
Two of the biggest oil companies in the world, BP and ConocoPhillips, have joined forces to try to break a longstanding deadlock over the vast reserves of natural gas in Alaska. The firms said they would spend billions to build a pipeline from the North Slope to feed markets in the United States and Canada. The proposal Tuesday won praise from Alaska's governor, Sarah Palin. "It's a good day," she said to reporters.
Publication Date:
10/04/2008