Similar Stories to Bhp To Quit U.s. Shale Business As Annual Profit Surges on Bing News

SYDNEY (Reuters) - BHP Billiton, the world's largest miner, reported a surge in underlying full-year profits on Tuesday and said it would exit its underperforming U.S. shale oil and gas business, pleasing disgruntled shareholders who had called for a sale.

Topics:  sydney reuters     bhp billiton   u.s    business   profit   
BING NEWS:
  • Has The Shale Gas Boom Peaked? EIA Signals First Drop In Production
    U.S. natural gas production from shale formations, which comprises 79% of total dry gas production, fell slightly in the first nine months of 2024 compared to 2023.
    10/30/2024 - 6:32 am | View Link
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