Oil & Gas

Freeport-McMoRan reviews oil and gas business, makes changes to board


Freeport-McMoRan is set to review its strategic alternatives for oil and gas business as well as making changes to its board. The company said the move had been taken after “constructive” discussions with shareholders. Freeport will now evaluate alternative courses of action designed to enhance value and achieve self-funding of the company’s oil and gas business.