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BHP offboards its petroleum business in merger with Woodside; focus on “future-facing commodities”

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Anglo-Australian BHP Group is merging its oil and gas business with Woodside Petroleum Ltd. 2P reserves of more than 2 billion boe comprising 59% gas, and 41% liquids. The company is developing resources that will include nickel, copper, chrome and platinum. BHP also recently announced that it will supply Tesla Inc.

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