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BHP delivers steady quarterly

BHP has reported steady oil and gas gains in its latest quarterly, approving US$283 million for the development of the Ruby project in Trinidad and Tobago, however its total crude production declined thanks to Tropical Storm Barry in the Gulf of Mexico and planned maintenance work at the North West Shelf.

Mark Tilly
On track and on budget despite production declines

On track and on budget despite production declines

This was partially offset by higher seasonal demand and less maintenance work at the Bass Strait fields it shares with ExxonMobil.    CEO Andrew Mackenzie called it a "solid start to the financial...

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