BHP to Report Production Increase on Higher U.S. Gas Prices
Reuters reported that BHP is expected to report an increase in quarterly output as a rise in U.S. gas prices has pushed production ahead.
Reuters reported that BHP is expected to report an increase in quarterly output as a rise in U.S. gas prices has pushed production ahead.
Bloomberg reported that BHP Billiton and Exxon Mobil are investing upwards of $1 billion on a new plant to process natural gas in Australia
Bloomberg reported that PetroChina Co. will pay BHP Billiton $1.63 billion for its holding in Woodside Petroleum Ltd.’s proposed Browse liquefied natural gas project, located in Western Australia.
Mining Weekly reported that BHP Billiton has submitted plans for environmental impact approval for a $400-million natural gas plant project, which BHP intends to use to power its other mines in the area.
The Sydney Morning Herald reported that BHP Billiton Ltd. (ASX:BHP) and ExxonMobil Corp. (NYSE:XOM) may make a decision on how to develop Western Australia's Scarborough gas field in less than a year. The field contains an estimated 10 trillion cubic feet of gas, but its appeal has been mitigated by the fact that it is located in remote, rough seas.
A snapshot of 10 companies that saw the biggest increases in gas production over the course of the year.
Seeking Alpha reports BHP Billiton (NYSE:BHP) agreed to pay $15B for Petrohawk (NYSE:HK) on Thursday.
Telegraph UK reports that BHP Billiton (NYSE:BHP) has purchased the Arkansas shale gas operations of Chesapeake Energy (NYSE:CHK) for $4.75bn in cash.
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