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Opinion: What BHP s Petroleum Exit Could Signal for the Oil Industry

Opinion: What BHP s Petroleum Exit Could Signal for the Oil Industry
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Opinion: What BHP s Petroleum Exit Could Signal for the Oil Industry

It’s likely that the BHP deal with Woodside signals that the era of paying premiums to acquire oil and gas assets is over. From now on, companies seeking to offload these type of assets might be forced to accept ever-diminishing prices.

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