BP Exits Alaska After 60 Years in Sale to Hilcorp
Signage is displayed on an oil storage tank at the BP-Husky Toledo Refinery in Oregon, Ohio, U.S. (Photographer: Luke Sharrett/Bloomberg)

BP Exits Alaska After 60 Years in Sale to Hilcorp

(Bloomberg) -- BP Plc agreed to sell its entire business in Alaska to closely held Hilcorp Energy Co. for $5.6 billion, ending a six-decade presence in the state as oil production there declines.
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