BP's Selling Off Its Alaska Oil Assets. The Buyer Has a History of Safety Violations. BP has a long history on the North Slope and deep pockets to respond to disasters. Privately owned Hilcorp has a long list of safety and environment violations

Authors :: Shankman, Sabrina
Source :: InsideClimate News. August 28, 2019
Publication Year :: 2019
Abstract: Byline: Sabrina Shankman One of Alaska's biggest oil producers--BP--announced Tuesday that it is selling all of its Alaska operations to Hilcorp, a privately-owned company with a troubled safety and environmental [...]

Subjects :: Alaska -- Natural resources
BP PLC -- Foreign operations -- Mergers, acquisitions and divestments
Hilcorp Alaska L.L.C. -- Mergers, acquisitions and divestments -- Safety and security measures
Petroleum industry -- Foreign operations -- Mergers, acquisitions and divestments
Petroleum services industry -- Mergers, acquisitions and divestments -- Safety and security measures
Company acquisition/merger
Environmental issues

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