Tag: BHP Billiton

Energy 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 in Houston.  More »

Mining 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  More »

Shale 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 production over and over.  More »

Construction 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.  More »

BHP 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.  More »

Contractor 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.  More »

BHP 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 announced Monday.  More »

BHP 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 growth.  More »

Incoming 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 media conference in Sydney.  More »

BHP 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 division, Andrew Mackenzie.  More »

BP 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.  More »

How 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 over-inflation of shale acreage prices in some plays continue to keep natural gas prices low.  More »
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