Big Oil Bids Billions For BHP Billiton’s Shale Assets
June 8, 2018
Mining giant BHP Billiton (NYSE:BHP) is looking to unload its United States shale assets due to pressure from an activist investor who has argued they don’t fit within the company’s portfolio. BHP currently is exploring several options for the oil and gas properties, including splitting them up into different packages or unloading them in one transaction.