Oil and gas deals ground to a halt in early 2019, plummeting to a 10-year low after the collapse in crude prices at the end of last year.
BHP Group is among the potential bidders for Blackstone Group LP and LLOG Exploration Co.’s oil-exploration joint venture Bluewater, according to people with knowledge of the matter.
Oil firm Serica Energy took another step towards completing a series of UK North Sea acquisitions today.
UK energy giant BP has wrapped up the £8 billion acquisition of BHP Billiton's US share assets.
Australian-headquartered firm BHP has revealed the largest purpose-built artificial reef in the Southern Hemisphere off Exmouth in Western Australia.
Almost a week after revealing plans to buy £8 billion worth of US shale assets, BP has yet to convince analysts that the deal with BHP Billiton represents value for money.
UK-headquartered energy major BP will buy BHP Billiton’s onshore oil and gas business in the US for £8 billion.
BP’s £8 billion acquisition of US shale assets from BHP Billiton will help the oil major close the gap to its peers, an analyst has said.
BP has emerged as the front-runner to buy BHP Billiton’s onshore oil and gas operations in the U.S., according to a person familiar with the matter.
An American plaintiff is seeking more than $1million in damages after a spy camera was discovered in her living quarters aboard the Transocean-owned Deepwater Invicus drillship.
BHP Billiton is accelerating plans to exit its $10 billion U.S. shale unit, flagging that deals could be announced before the end of the year.
Analysts expect a hot market for BHP Billiton’s shale acreage.
BHP Billiton is in talks with potential buyers of its US shale assets - acquired in a contentious $20billion deals spree in 2011 - and will delay a move into potash after months of public skirmishes with activist investors led by Paul Singer’s Elliott Management Corp.
BHP Billiton rejected a proposal by billionaire Paul Elliott Singer’s hedge fund to overhaul its business, setting up further clashes between the world’s largest miner and an investor with a record of protracted disputes with companies.
An activist investor in BHP Billiton has outlined a plan to spin off the Anglo-Australian firm’s US petroleum business.
BHP Billiton today agreed to pay its $2.2billion share of the Mad Dog Phase 2 development in the Gulf of Mexico.
BHP Billiton has won a contest to partner with Pemex in a joint oil venture to develop a deepwater field in untapped Gulf waters.
BHP Billiton said on Monday it will spend $900 million, or 18% of its capital budget, in exploration next financial year.
US independent Cobalt International Energy has confirmed ex-BHP Billiton executive Tomothy Cutt will replace Joseph Bryant as chief executive after Bryant quit.
The boss of BHP Billiton said the commodities giant will not wait for prices to recover and will invest in its oil division as it pursues "quality growth projects".
BHP Billiton, facing a $43billion civil lawsuit over the Samarco dam disaster in Brazil, has said the country's Federal Court of Appeal has ratified the settlement agreement it reached in March.
Brazilian prosecutors have filed a $43billion civil lawsuit against BHP Billiton and Vale for social, environmental and economic compensation in relation to the failure of the Fundao tailings dam at the Samarco iron ore operation in Minas Gerais, Brazil.
BHP Billiton said progress has been made in its negotiations with Brazilian authorities on a settlement for the Samarco tailings mine dam burst.
BHP Billiton made a larger-than-expected cut to its dividend, lowering the payout for the first time in 15 years, as the world’s biggest mining company seeks to protect its balance sheet and credit ratings amid a price collapse that saw first-half profits tumble 92%.
BHP Billiton said it expects to be hit with an impairment charge of $4.9billion post-tax against the carrying value of its onshore US assets. The company said the charge will be recognised as an exceptional item in the financial results for the half year ended December 31, 2015.