MARKETS

BHP to quit shale

BHP has now publicly confirmed it wants to pull the ripcord and get out its onshore US investments in the US, confirming its shale strategy has been a costly exercise and that betting on future non-US shale growth was a mistake.

BHP is exiting US shale.

BHP is exiting US shale.

The world's biggest miner, which says it won't be pushed into selling for a loss by activist shareholder Elliot Funds Management or anyone, revealed its revitalised passion for offshore conventional assets...

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