MARKETS

BHP petroleum briefing offers clues on Scarborough

BHP is bullish on oil and gas after its sale of its US onshore assets to BP last year for over A$14.6 billion, and is now focussed exclusively on deepwater conventional exploration and production with a tilt to oil over gas.

Helen Clark

BHP president of petroleum operations Geraldine Slattery

In its petroleum briefing pack released to market this morning, prior to its 2pm Sydney briefing, president of petroleum operations Geraldine Slattery said even in "a decarbonising world, deepwater oil...

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