Weak oil prices likely to hit BP in Bob Dudley’s final results
BP will hope to better rival Shell as the company prepares to put forward its final quarter and full-year results next week.
BHP Billiton
Focused team was key to Serica Energy’s North Sea success
Serica Energy’s boss has said the gains squeezed by his team from North Sea fields acquired a year ago show smaller companies can be more efficient.
Serica looking at ‘serious’ North Sea acquisition opportunities
Oil and gas producer Serica Energy is looking at “a couple of serious opportunities” to expand its UK North Sea portfolio and build on recent deals, its boss said.
Oil and gas M&A ground to a halt in the first quarter
Oil and gas deals ground to a halt in early 2019, plummeting to a 10-year low after the collapse in crude prices at the end of last year.
BHP mulls bid for Blackstone-backed Bluewater
BHP Group is among the potential bidders for Blackstone Group LP and LLOG Exploration Co.’s oil-exploration joint venture Bluewater, according to people with knowledge of the matter.
Serica meets conditions for sanctions waiver, buys BHP’s stakes in North Sea duo
Oil firm Serica Energy took another step towards completing a series of UK North Sea acquisitions today.
BP’s lower 48 unit changes name after completing BHP deal
UK energy giant BP has wrapped up the £8 billion acquisition of BHP Billiton's US share assets.
WATCH: Largest purpose-built artificial reef in the Southern Hemisphere
Australian-headquartered firm BHP has revealed the largest purpose-built artificial reef in the Southern Hemisphere off Exmouth in Western Australia.
A week later, analysts still mulling BP’s shale transaction
Almost a week after revealing plans to buy £8 billion worth of US shale assets, BP has yet to convince analysts that the deal with BHP Billiton represents value for money.
BP to splash £8bn on US shale acquisition
UK-headquartered energy major BP will buy BHP Billiton’s onshore oil and gas business in the US for £8 billion.
BP closing the tight oil gap with BHP swoop, analyst says
BP’s £8 billion acquisition of US shale assets from BHP Billiton will help the oil major close the gap to its peers, an analyst has said.
BP front-runner to buy BHP’s US shale unit
BP has emerged as the front-runner to buy BHP Billiton’s onshore oil and gas operations in the U.S., according to a person familiar with the matter.
Oil firms face lawsuit after spy camera found in woman’s cabin on rig
An American plaintiff is seeking more than $1million in damages after a spy camera was discovered in her living quarters aboard the Transocean-owned Deepwater Invicus drillship.
BHP speeds up plans to exit $10bn US shale unit
BHP Billiton is accelerating plans to exit its $10 billion U.S. shale unit, flagging that deals could be announced before the end of the year.
Oil companies salivate for BHP Billiton’s shale acreage
Analysts expect a hot market for BHP Billiton’s shale acreage.
BHP discusses US shale asset sales after activist campaign
BHP Billiton is in talks with potential buyers of its US shale assets - acquired in a contentious $20billion deals spree in 2011 - and will delay a move into potash after months of public skirmishes with activist investors led by Paul Singer’s Elliott Management Corp.
BHP swats aside activist investor’s proposed overhaul
BHP Billiton rejected a proposal by billionaire Paul Elliott Singer’s hedge fund to overhaul its business, setting up further clashes between the world’s largest miner and an investor with a record of protracted disputes with companies.
Activist investor proposes BHP Billiton restructuring
An activist investor in BHP Billiton has outlined a plan to spin off the Anglo-Australian firm’s US petroleum business.
BHP Billiton agrees to chip in for Mad Dog Phase 2 project
BHP Billiton today agreed to pay its $2.2billion share of the Mad Dog Phase 2 development in the Gulf of Mexico.
BHP Billiton to partner with Pemex on joint venture in Gulf waters
BHP Billiton has won a contest to partner with Pemex in a joint oil venture to develop a deepwater field in untapped Gulf waters.
BHP Billiton targets deepwater plays as part of $900million exploration push
BHP Billiton said on Monday it will spend $900 million, or 18% of its capital budget, in exploration next financial year.
Cobalt appoints former BHP Billiton man as new chief exec
US independent Cobalt International Energy has confirmed ex-BHP Billiton executive Tomothy Cutt will replace Joseph Bryant as chief executive after Bryant quit.
BHP Billiton bucks trend by looking to accelerate oil and gas exploration
The boss of BHP Billiton said the commodities giant will not wait for prices to recover and will invest in its oil division as it pursues "quality growth projects".
BHP Billiton reaches agreement with Brazil authorities over dam disaster
BHP Billiton, facing a $43billion civil lawsuit over the Samarco dam disaster in Brazil, has said the country's Federal Court of Appeal has ratified the settlement agreement it reached in March.
BHP Billiton and Vale face $43billion lawsuit over collapsed dam in Brazil
Brazilian prosecutors have filed a $43billion civil lawsuit against BHP Billiton and Vale for social, environmental and economic compensation in relation to the failure of the Fundao tailings dam at the Samarco iron ore operation in Minas Gerais, Brazil.