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 »

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 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 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 »

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 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 »

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 »

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 »

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 Mexico after the BP oil spill and speculation it could buy a competitor, the Australian company is gaining more attention.  More »

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.  More »

Federal regulators today gave BHP Billiton the green light to drill a new development well in the Gulf of Mexico, marking the 15th approval for a project blocked by last year’s deep-water drilling ban. In response, Sen. David Vitter, R-La., said he would stop blocking a White House nominee over the issue.  More »

CEO Aubrey McClendon said the $4.75 billion deal, announced in February, allows Chesapeake to make “substantial progress” in reducing its debt.  More »