...corporation divest some of its Alaska assets. Under the agreement, BP was to sell about 16 percent of its North Slope oil production capacity to one or more companies as a way to promote competition. BP also agreed to sell some of its ownership in the...

...flow difficulties," CERA's report said. The energy research group thinks that the projected additional new oil production capacity of 14.5 million barrels a day coming online through 2014 will be cut in half unless there's a sudden spurt...

...corporation divest some of its Alaska assets. Under the agreement, BP was to sell about 16 percent of its North Slope oil production capacity to one or more companies as a way to promote competition. BP also agreed to sell some of its ownership in the...