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Explorers have rebounded from the oil price crash that started in 2014 and are generating strong cash flows after cutting costs and benefiting from a global crude price trading around $75 a barrel
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