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BP's new frontier push

BP'S LONDON-based board has just won big in the latest bid round offshore Newfoundland, but in what could be perceived as a slap in the face to Australia, it has bid almost the exact the amount that it should be spending on drilling in the Great Australian Bight.

BP's new frontier push

After being hounded by activists and Senate inquiries, BP last month announced it was pulling out of its four-well commitment in the Bight, leaving 30% partner Statoil holding the bag. However, BP's...

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