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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

Business Headlines

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

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