BP pays $10.5 billion for BHP shale assets to beef up U.S. business

July 27, 2018 admin Business News Comments Off on BP pays $10.5 billion for BHP shale assets to beef up U.S. business

BP Plc has agreed to buy U.S. shale oil and gas assets from global miner BHP Billiton for $10.5 billion, expanding the British oil major’s footprint in oil-rich onshore basins in its biggest deal in nearly 20 years.

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Source:: Reuters – Business News