1 May 2008
US: BP and ConocoPhillips in Alaska pipeline deal
SUPERMAJORS BP and ConocoPhillips have joined forces to build Denali, the Alaska gas pipeline that they say will be the largest private-sector construction project built in North America. The new line will pipe 4bn cubic feet a day of gas to markets in the lower 48 states and should extend the life of BP's North Slope gasfields for another 50 years, according to firm's chief executive, Tony Hayward. The companies will spend $0.6bn on the pipeline's first phase. That will involve construction of a gas-treatment plant on Alaska's North Slope and a large-diameter pipeline stretching 700 miles across Alaska, Canada's Yukon Territory and the provinces of British Columbia and Alberta. "Should it b
Also in this section
16 April 2026
Demand for oil is falling because supply cannot meet it, not because it is no longer required
16 April 2026
The continent has an immediate opportunity to make the most of its energy resources by capturing gas that is currently slipping away
15 April 2026
The continent is seeing political pushback to climate plans, corporate reassessment of transition goals and rising supply risk in a fractured global order
15 April 2026
The Middle East energy crisis may turn out to be pivotal to the industry’s long-term expansion, but significant challenges still stand in its way
