Saturday, 20 April 2013

BP may delay $10 billion Mad Dog oil scheme in Gulf of Mexico business

BP is reviewing its biggest new oil project in the Gulf of Mexico, due to rising development costs across the industry, and could delay the $10 billion scheme. British oil major BP said on Friday that rising costs made the current plan, under which construction would start this year, difficult...BP may delay $10 billion Mad Dog oil scheme in Gulf of Mexico business

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