BHP conducting review of petroleum arm

IN BHP’s presentation to the Bank of America Securities 2020 Global Metals, Mining and Steel Conference overnight, company CEO Mike Henry reiterated his optimistic view of the oil market, but revealed the company was undertaking a serious review of its oil projects.

BHP conducting review of petroleum arm BHP conducting review of petroleum arm BHP conducting review of petroleum arm BHP conducting review of petroleum arm BHP conducting review of petroleum arm

BHP chief executive officer Mike Henry.

 

Canadian-born Mike Henry said he recognised the seriousness of the COVID-19 pandemic and oil price crash, but that BHP had a diversified portfolio and longer-term oil demand had not deterred it

  • FREE coverage on the rapidly developing coronavirus pandemic. Visit our COVID-19 hub.
  • Latest COVID-19 Coverage: Govt's COVID-19 Commission under scrutiny. Read more.
  • Latest COVID-19 Coverage: NT throws cash at oil and gas industry. Read more.