< 1min read
PREVIOUS ARTICLE What the new Nine-Fairfax will... NEXT ARTICLE Miners, financials push ASX hi...

The world’s biggest miner BHP Friday announced the sale of its US oil and gas assets to BP for US$10.5 billion, with the funds being returned to shareholders.
‘The sale of our onshore US assets is consistent with our long-term plan to continue to simplify and strengthen our portfolio to generate shareholder value and returns for decades to come,’ said chief executive Andrew Mackenzie.