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. As part of this plan, Woodside and BHP have agreed an option for BHP to sell its 26.5%
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