Anglo-Australian BHP Group is merging its oil and gas business with Woodside Petroleum Ltd. The all-stock merger will create a global top 10 independent energy company by production, and will also allow BHP to focus more intently on “future-facing commodities” that are most positively leveraged towards population growth, rising living.
SASKATOON BHP Group has given the go-ahead to spend $7.5 billion on its Jansen potash mine in what Saskatchewan says is the largest investment in the province's history.
Mining giant BHP announced Tuesday it will merge its oil and gas assets with Australia’s Woodside, in a multibillion-dollar deal that sees BHP exit the liquid fossil fuel business