Independent journal on economy and transport policy
01:08 GMT+2
BP Amoco fits with Arco
(Financial Times)
March 30, 1999
By Andrew Edgecliffe-Johnson in New York
In 1968, the newly merged Atlantic Richfield company discovered a 13bn barrel oilfield on Alaska's North Slope. The strike in Prudhoe Bay was the biggest ever in the western hemisphere, and gave Arco the exploration and production clout to balance its strengths in refining and marketing.
More than 30 years later, ...... Read more on Financial Times
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