BHP reports first oil from new deep-water Gulf well
The Australian E&P firm says its SB-201 field is the first new well drilled after the lifting of the government's deep-water drilling moratorium.
View ArticleUnit of Aussie giant plans to grow in oil, natural gas
For such a large company, BHP Billiton Petroleum has managed to keep a fairly low profile. But with a huge U.S. natural gas acquisition this year, its aggressive re-entry into the deep-water Gulf of...
View ArticleHow BHP/Petrohawk is — and isn’t — a good deal
Sure, $12.1 billion is a lot of money for BHP to pay for Houston-based Petrohawk, but those are some fine assets they’re getting, say analysts. But the deal may further what some see as the...
View ArticleBP doubles estimate for Mad Dog field
An appraisal well in a Northern leg of BP's Mad Dog field means the play may rival the massive Thunder Horse field in the Gulf of Mexico.
View ArticleBHP Billiton CEO to retire in May
BHP Billiton announced that Marius Klopper will retire as chief executive and director, after six years at the helm. Klopper will be replaced by the company's chief executive of its non-ferrous metals...
View ArticleIncoming chief won’t change BHP strategy, chairman says
The appointment of Mackenzie, a former 22-year veteran of BP Plc who speaks five languages and joined BHP from Rio Tinto Group in 2007, won’t change BHP’s strategy, Chairman Jac Nasser said today at a...
View ArticleBHP Billiton to expand in Houston, lease new tower
BHP Billiton Petroleum said Monday it will hire hundreds of new employees and lease a 30-story office tower to be built at 1500 Post Oak Blvd. to accommodate its expanding shale business and future...
View ArticleBHP Billiton inks sponsorship deal with Houston Texans and Rodeo
BHP Billiton Petroleum, the Houston-based arm of Australia's BHP Billiton, has inked a five-year sponsorship deal with the Houston Texans and Houston Livestock Show and Rodeo, the organizations...
View ArticleContractor is killed at Eagle Ford construction site
A contractor working in the Eagle Ford Shale was killed Monday morning at a BHP Billiton Petroleum construction site in Karnes County.
View ArticleBHP targets 18% capital spending cut in 2014
BHP Billiton Ltd., the world’s largest mining company, is targeting an 18 percent cut to capital spending in fiscal 2014 as part of an industry-wide drive to boost returns from investment.
View ArticleConstruction underway on BHP Billiton’s new digs
Developers broke ground Monday on what will be a 30-story office tower in Houston’s Uptown neighborhood. The property will house employees of BHP Billiton Petroleum when it’s completed in 2016.
View ArticleShale business brings ‘growth engine’ to BHP Billiton, exec says
BHP Billiton plans to spend two-thirds of its petroleum budget on U.S. shale in coming years, but the Australian natural resources giant knows that the biggest returns come from replicating low-cost...
View ArticleMining giant stakes claim on flexibility of US shale
Tim Cutt, BHP Billiton’s Houston-based president for petroleum and potash, speakswith FuelFix about the Australian mining company's movements in U.S. shale
View ArticleEnergy CEO: Climate change is real, driven by humans
BHP Billiton CEO Andrew Maxkenzie, who leads the world's largest mining company, said that climate change is real and driven by human activity during remarks Tuesday at the annual CERAWeek conference...
View ArticleBHP Billiton touts Texas success
Historically, BHP Billiton's liquids production has been offshore, but it says it's new activities in U.S. shale are poised to make big gains for the Australian company.
View ArticleExterran to buy compressor units from Chesapeake for $135M
Exterran Partners plans to spend $135 million to buy another round of Chesapeake Energy’s midstream compression units, equipment used to push freshly extracted natural gas into pipelines.
View ArticleBHP Billiton to cut petroleum capital spending by $279 million
BHP Billiton, the Australian mining and oil giant, will cut capital spending in its petroleum division by $279 million in 2015, the company announced in its annual report Thursday.
View ArticleBHP Billiton, Pemex sign agreement to share deepwater knowledge
Australian oil and mining giant BHP Billiton and Pemex, Mexico's national oil company, have signed a deal to share knowledge of deepwater operations, BHP Billiton announced.
View ArticleBHP Billiton to export condensate overseas
BHP Billiton is preparing to export a processed, ultra-light oil overseas without the government's explicit authorization -- a move likely to be mimicked by other energy companies eager to sell crude...
View ArticleFormer Petrohawk president takes shale expertise to Australia
Australia has the world’s seventh-largest shale gas resources.
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