GAS

BHP Petroleum looking over the fence

BHP Billiton's petroleum division is, for the first time, investigating oil and gas acquisitions and believes it has the firepower required to expand, says BHP Billiton Petroleum chief executive Michael Yeager.

Marija Stojkovic

Speaking at a petroleum briefing in Sydney yesterday, Yeager said the division was in evaluation mode and looking beyond organic growth. "In the first few years that I've been here, we've spent very...

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