Tag: BHP Billiton

Why Texas is now home to bargain-hunting Japan oil buyers

Their move into Houston illustrates the challenge for OPEC as the highest American output in more than three decades lures the group’s traditional customers and benchmark prices tumble.  More »

Former Petrohawk president takes shale expertise to Australia

Australia has the world’s seventh-largest shale gas resources.  More »

BHP 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 to foreign buyers.  More »

BHP 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.  More »

BHP 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.  More »

Exterran 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.  More »

BHP 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.  More »

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 »
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