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Opinion: What BHPs Petroleum Exit Could Signal for the Oil Industry

2021-08-19 22:05:00| OGI

Its likely that the BHP deal with Woodside signals that the era of paying premiums to acquire oil and gas assets is over. From now on, companies seeking to offload these type of assets might be forced to accept ever-diminishing prices.

Tags: industry opinion oil signal

 

BHP, Woodside Investors Jittery Over $29 Billion Petroleum Merger

2021-08-18 15:37:40| OGI

Shares in BHP Group and Woodside Petroleum fell on Aug. 18 as investors on both sides raised questions about the value of the Perth-based oil and gas group's proposed $29 billion merger with BHP's petroleum arm.

Tags: billion investors petroleum merger

 
 

BHP offboards its petroleum business in merger with Woodside; focus on future-facing commodities

2021-08-18 09:55:36| Green Car Congress

Tags: business focus petroleum merger

 

Marketed: Unit Petroleum Permian Basin, Eagle Ford Shale, Woodbine

2021-08-16 21:05:00| OGI

Unit Petroleum Co. retained EnergyNet for the sale of Permian Basin and Eagle Ford Shale / Woodbine assets in various parishes and counties across Louisiana and Texas.

Tags: unit ford eagle petroleum

 

BHP Confirms Potential Sale of Oil Business to Woodside Petroleum

2021-08-16 11:45:00| OGI

The sale of BHPs oil and gas assets to Australias Woodside Petroleum would create a new international super independent, says Wood Mackenzie research director Andrew Harwood.

Tags: business sale potential oil

 

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