Oil companies plan to curtail work on North Slope by The Associated Press 39 mins 5 secs ago
ANCHORAGE, Alaska - BP says it's cutting its Alaska spending by 15 percent next year, but still plans to work on projects such as the proposed North Slope gas pipeline.
Conoco, however, says it won't drill a new exploration well in Alaska next year. The company says it's shifting its focus offshore.
The updates were part of the Resource Development Council's annual conference, which ends Thursday.
Gov. Sean Parnell addressed the conference, saying he will fight efforts to list more Alaska species as endangered.
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