BHP Petroleum and Woodside Petroleum have consolidated their oil and gas portfolios in a merger that’s set to create one of the largest independent energy companies globally.
BHP has divested its 80 per cent stake in BHP Mitsui Coal (BMC) to Stanmore Coal as the company targets higher quality metallurgical coal in its hunt for decarbonisation.
BHP has commenced discussions with Andrew Forrest’s Wyloo Metals as the two attempt to come to a mutually beneficial agreement regarding the Noront Resources takeover. Read more
BHP’s iron ore production for the September 2021 quarter has declined by six per cent due to planned maintenance and ongoing labour shortages caused by COVID-19-related border closures in Australia.
BHP and Encounter Resources have increased the footprint of the Elliot copper project joint venture (JV) in the Northern Territory by 2700 kilometres as the two companies aim to meet growing demand for the base metal.
BHP has started operations at a nickel sulphate plant at the Kwinana refinery in Western Australia, as the company increases its foothold in the battery minerals market.
Iron ore supply chains are expected to bear the brunt of the industry’s transition to decarbonisation and will require costly investments to stay relevant, a Fitch Solutions report has revealed.
Keep up with the latest executive movements across the mining sector, including at BHP, Pilbara Minerals, Aurelia Metals and more.
Santos and Oil Search have confirmed they will merge to create a $21 billion entity that will sustain both companies in the wake of a low carbon future.