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Wednesday, October 23, 2019

Tag: BHP

BP chief likens US oil sector to ‘market without brain’

Bob Dudley says that unlike Saudi Arabia and Russia, the US shale market responds purely to oil prices.

BHP announces stock buyback, special dividend

The world's biggest miner recently sold its US shale oil and gas operations to British giant BP for US$10.5 billion.

Miner BHP to pay US$390 million in Australian tax dispute over...

The settlement removes a thorn from the side of BHP which alongside fellow miner Rio Tinto was accused of not paying its fair share of tax.

BP to pay US$10.5 billion for most of BHP’s US shale...

Melbourne-based BHP will also sell its Fayetteville operation to a Merit Energy Co unit for about US$300 million to complete its exit from the shale sector.

BHP faces class action over Samarco dam failure

The miner also agreed to fund a total of US$211 million in financial support for the Renova Foundation, created to help victims of the Samarco dam disaster in Brazil.

BHP, workers at Escondida mine in Chile ‘far from agreement’

The workers' union is preparing a US$400,000 emergency fund to support workers if they opt to strike.

BHP to sell Chilean copper mine to private equity fund

BHP has agreed to sell the Cerro Colorado copper mine to EMR Capital.

BHP approves USD$2.9 billion(RM11.6 billion) Australian iron ore mine

China the planet's largest commodities consumer has been seeking cleaner, higher-grade raw materials such as iron ore as it cracks down on pollution and inefficiency in the steel-making industry.