Home > Environment > BP halts offshore Alaska project | guardian.co.uk

BP halts offshore Alaska project | guardian.co.uk

BP has abandoned its controversial £1bn plan to drill for 100m barrels of oil off the coast of Alaska.

The British oil company, which is still smarting from the Gulf of Mexico disaster two years ago, said it was pulling out of the Liberty field project because it would be too expensive to drill safely.

via BP halts offshore Alaska project | Business | guardian.co.uk.

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