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BHP Billiton takes $2bn impairment charge on US shale assets

2015-07-16 01:00:00| Hydrocarbons Technology

BHP Billiton has taken $2bn impairment charges on its US onshore petroleum assets after one of its Texas gas field became more costly to develop.

Tags: takes charge assets impairment

 

BHP Billiton, Woodside Petroleum line up for Mexican drilling permits

2015-07-14 21:22:20| Energy - Topix.net

In all, 3.9 billion barrels of oil equivalent of known reserves are on offer in Mexico's first round of auctions. BHP Billiton has pre-qualified to bid in Mexico's first auction of offshore exploration drilling permits, but the signs are that the mining major may save its firepower for the prized deepwater blocks that are only expected to come up for tender in early 2016.

Tags: line permits mexican petroleum

 
 

BHP Billiton, Woodside Petroleum line up for Mexican drilling permits

2015-07-14 13:32:48| Oil & Gas - Topix.net

In all, 3.9 billion barrels of oil equivalent of known reserves are on offer in Mexico's first round of auctions. BHP Billiton has pre-qualified to bid in Mexico's first auction of offshore exploration drilling permits, but the signs are that the mining major may save its firepower for the prized deepwater blocks that are only expected to come up for tender in early 2016.

Tags: line permits mexican petroleum

 

Recent Buy: BHP Billiton

2015-07-13 12:44:37| Railroads - Topix.net

The recent global equities sell off, motivated by China's stock market crash and the Greek debt debacle, seems to have abated for the moment. Investors got a fair bit of volatility this week, which I always enjoy.

Tags: buy recent bhp billiton

 

BHP Billiton plc Downgraded to Hold at Deutsche Bank

2015-06-02 14:43:09| Industrial Machines - Topix.net

They currently have a GBX 1,660 target price on the mining company's stock, down from their previous target price of GBX 1,800 . Deutsche Bank's target price would indicate a potential upside of 22.10% from the stock's previous close.

Tags: hold bank deutsche plc

 

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