BHP Billiton (ASX:BHP) will drop the latter word from its name in a corporate rebrand that wishes to celebrate its Australian heritage. The world’s biggest miner will be referred to as just BHP following the rebrand, dropping the Billiton from its marketing materials, business cards and...
Esso Australia has announced the completion of its Longford Gas Conditioning Plant, which processes gas from the AUS$5.5 billion Kipper Tuna Turrum project in Victoria. The completion of the gas conditioning plant marks the conclusion of work at the large-scale gas facility, which will provide a...
BHP Billiton (ASX:BHP) is advancing towards the sale of its Cerro Colorado mine having held talks with a number of potential buyers. The facility is one of the mining giant’s smaller Chilean copper operations and has been considered surplus to requirements after being put up for...
BHP is likely to place its Fayetteville shale gas assets in the US up for sale, as the world’s largest miner looks to restructure its operations across the oil sector. The Anglo-Australian firm also announced in its latest operational review that it has cut its production...
BHP Billiton (ASX:BHP) is preparing a US$204 million expansion of its coking-coal operations in Eastern Australia, in order to increase production and reduce overall operating costs. This expansion of the Caval Ridge mine was confirmed by BHP and venture partner Mitsubishi Corp, who will collaborate in...
BHP Billiton (ASX:BHP) has signed a contract with Mexican state-owned firm PEMEX Exploration & Production Mexico (Pemex), which will advance work on the Trion discovery in the Gulf of Mexico. The Anglo-American company submitted a successful bid to work on the resource in December 2016, acquiring...
BHP Billiton (NYSE:BHP) and Vedanta Resources (LSE:VED) have both reported profitable results in their latest respective financial reports, reflecting an optimistic turn in the international mining community. BHP, the largest mining firm in the world, returned to net profit for the first half of the 2016-17...
BHP Billiton (NYSE:BHP) has announced it has approved a $2.2 billion investment in the second phase of BP’s (LSE:BP) Mad Dog oilfield. BHP, the world’s largest mining company, will undertake a 23.9% stake in the Gulf of Mexico oil reserve, joining majority shareholder BP, which holds...
Junior mining companies, along with smaller oil and gas firms, are set to enjoy a positive year on the Alternative Investment Market (AIM), according to research by junior broker FinnCap. With commodity prices projected to steadily rise over 2017, a higher initial public offering (IPO) is...
BHP Billiton (ASX:BHP) has posted its operational review for the second half of 2016, revealing record iron ore production across its Western Australia operations. Iron ore production across Western Australia Iron Ore (WAIO) rose 4% year-on-year in the six-month period to December, due to a ramp...