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Exxon, Repsol to Drill Off Colombia Coast in 2022, Minister Says

Exxon, Repsol to Drill Off Colombia Coast in 2022, Minister Says
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Colombia anticipates new offshore oil exploration to reverse crude output decline

Colombia anticipates new offshore oil exploration to reverse crude output decline
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BHP : Glencore snaps up BHP, Anglo stakes in Colombian coal mine

By Clara Denina LONDON (Reuters) - Diversified miner Glencore will become the sole owner of the Cerrejon thermal coal mine in Colombia by buying out partners BHP and Anglo American, boosting its coal assets at a time when others are looking to exit the sector. Glencore said on Monday it expects to pay $230 million for the combined 66% stake owned by BHP Group and Anglo when the deal completes in the first half of 2022. It sees production volumes at the mine declining materially by 2030. Mining companies have been reviewing their ownership of thermal coal assets as they transition out of polluting fossil fuels to meet emissions targets and shift towards sustainable investments.

Glencore snaps up BHP, Anglo stakes in Colombian coal mine

Glencore snaps up BHP, Anglo stakes in Colombian coal mine
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