Tag / Bhp



Woodside Diversifying Portfolio, Growing European Exposure with U.S. LNG

Woodside Diversifying Portfolio, Growing European Exposure with U.S. LNG

While Woodside Energy Group Ltd. is pushing ahead with multi-billion dollar natural gas development projects to secure the future of its Australian assets, it made moves in the third quarter to grow its exposure to European markets with help from some added U.S. LNG. The third quarter was Woodside’s first full earnings period since it…

October 26, 2022

BHP Raising Rigs in Haynesville, Putting Fayetteville Back on Market

BHP Billiton Ltd. on Wednesday detailed a sweeping plan to accelerate some U.S. activity onshore and offshore, highlighting plans to raise more natural gas rigs in the Haynesville Shale, swap land in the Permian Basin, complete more wells in the Eagle Ford Shale and sell off the Fayetteville Shale portfolio.

April 26, 2017

Activist Targets BHP Billiton, Calls For Demerger of U.S. Petroleum Business, Other Measures

BHP Billiton should jettison its U.S. petroleum business (offshore and on), which is undervalued by the market, does not contribute value to the company and does not mesh with BHP’s traditional mining operations, an activist shareholder said Monday in a letter to company directors.

April 10, 2017

BHP Taking $7.2B Impairment Against U.S. Unconventional Leaseholds

BHP Billiton Ltd., one of the largest foreign investors in the U.S. onshore, said Friday it would take a $7.2 billion pre-tax impairment charge against the carrying value of its unconventional leaseholds in the Permian Basin and Eagle Ford, Haynesville and Fayetteville shales.

January 15, 2016

BHP Billiton Lauds Eagle Ford, But Cuts Capex For 2014

Australia’s BHP Billiton Ltd. said the Eagle Ford Shale has become the largest producing field in its petroleum and potash division for the year ending June 30, but the company plans to scale back its rig count and spend less on capital expenditures (capex) in the United States in 2014.

August 21, 2013