BHP looks to shed shale oil assets

Published: Tuesday, 22 August 2017

The mining company sees little hope for fracking development outside of the US.

BHP Billiton PLC is looking for an exit on its shale oil investments, warning that that fracking opportunities "do not exist" outside the US.

The Anglo-Australian mining giant, which also produces iron ore, copper, coal, and potash, will put its shale oil business up for sale just six years after it made...

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