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BHP boss calls for optimism

DON'T worry about falling oil prices, as a crisis seems to hit about once a decade and oil companies are as used to dealing with volatile markets as they are geo-political instability and challenging geology, and will rebuild albeit at lower oil prices, BHP Billiton CEO Andrew Mackenzie says.

Haydn Black

Addressing the sold-out annual dinner of the Scottish Oil Club in Edinburgh, Mackenzie said the industry had a strong basis to work from, and could tackle the high productivity costs of the North Sea,...

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