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A $20 billion spree on two U.S. oil and gas acquisitions in 2011 had been too costly and poorly timed
The World’s Biggest Mining Company Is Selling Out of U.S. Shale
published Jul 26, 2018 8:09:39 PM, by David Stringer and Kevin Crowley (Bloomberg) — BP Plc agreed to pay $10.5 billion, its biggest acquisition in almost two decades, for most of BHP Billiton Ltd.’s onshore U.S. oil and natural gas assets, including in the prized Permian Basin. The deal gives