BHP's oil and gas output fell 5% year on year between January and March

BHP reported a 5% drop in oil and gas production for the January-March quarter compared to the previous year, owing to lower seasonal gas demand from its involvement in the Gippsland basin joint venture (GBJV) offshore Victoria and lower well productivity at its Atlantis oil field in the US Gulf ...

An independent assessment supports Woodside's acquisition of BHP's oil and gas assets

Woodside's proposed acquisition of BHP's oil and gas assets has been deemed fair and reasonable by the oil and gas heavyweight's shareholders, who will vote on the transaction in May.

Woodside's market capitalization would rise to almost $63 billion as a result of the me...

Global LNG supply expected to remain constrained, BHP

The worldwide LNG market's tight supply scenario is expected to last through the second half of the fiscal year 2021-22, according to BHP, but prices may fall quickly if fresh supplies materialise.

In a blog post, BHP vice-president of market analysis and economics Huw McKay stated ...

AUSTRALIA'S TOP MINER BHP SLASHES PLANS OF EXPANDING OLYMPIC DAM

HIGHLIGHTS

• Scott Morrison government considered this project under top 15 as a recovery path for the country

The Australian government is looking to expand the mining projects from emerging from bad days of joblessness of pandemic. Contradictin...