BHP offboards its petroleum business in merger with Woodside; focus on “future-facing commodities”
Green Car Congress
AUGUST 18, 2021
Anglo-Australian BHP Group is merging its oil and gas business with Woodside Petroleum Ltd. On 5 August, the BHP Board approved US$544 million in capital expenditure to execute the Shenzi North oil project in the US Gulf of Mexico. 2P reserves of more than 2 billion boe comprising 59% gas, and 41% liquids. Earlier post.).
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