OPERATIONS

BHP shows half-yearly strength, quarterly weakness

BHP Billiton has registered growth in its December 2012 half-yearly petroleum production of 11% to 121.15 million barrels of oil equivalent compared to the same period in 2011, but its production dipped by 2% quarter-on-quarter to 59.9MMboe.

James McGrath

The half-year result was driven by a 4% growth in liquids production, while it also registered a 15% jump in gas production. However, the story was different quarter-on-quarter, with BHP recording an...

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