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BHP tightens budget screws again

MAJOR diversified commodities house BHP Billiton has cut its oil and gas capital expenditure by a...

Haydn Black

BHP says it plans to spend $US2.9 billion ($A3.9 billion) in oil and gas in 2015-16, down from its prior guidance of $US3.1 billion. Half of that ($US1.4 billion) will be spent in the US, while the other...

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