{"id":430929,"date":"2021-08-17T08:55:39","date_gmt":"2021-08-17T03:25:39","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=430929"},"modified":"2021-08-17T09:55:28","modified_gmt":"2021-08-17T04:25:28","slug":"bhp-worlds-largest-miner-in-talks-to-sell-multibillion-oil-gas-assets","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bhp-worlds-largest-miner-in-talks-to-sell-multibillion-oil-gas-assets\/","title":{"rendered":"BHP, world&#8217;s largest miner, in talks to sell multibillion oil, gas assets"},"content":{"rendered":"<p>BHP Group Ltd is in talks to sell its petroleum business to Australia&#8217;s top independent gas producer Woodside Petroleum Ltd in exchange for shares, the companies confirmed on Monday.<\/p>\n<p>The world&#8217;s biggest miner also said it had begun a strategic review of its oil and gas business made up of assets in Australia, the Gulf of Mexico, Trinidad and Tobago, and Algeria &#8211; that analysts value at between $10 billion and $17 billion. <\/p>\n<p>BHP has been facing calls to detail how and when it will exit fossil fuels. It has already sold some coal assets.<\/p>\n<p>&#8220;While discussions between the parties are currently progressing, no agreement has been reached on any such transaction,&#8221; BHP said, adding that it was evaluating a number of options.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BHP Group Ltd is in talks to sell its petroleum business to Australia&#8217;s top independent gas producer Woodside Petroleum Ltd in exchange for shares, the companies confirmed on Monday. The world&#8217;s biggest miner also said it had begun a strategic review of its oil and gas business made up of assets in Australia, the Gulf of Mexico, Trinidad and Tobago, and Algeria &#8211; that analysts value at between $10 billion and $17 billion. BHP has been facing calls to detail how and when it will exit fossil fuels. It has already sold some coal assets. &#8220;While discussions between the parties [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-430929","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/430929","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=430929"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/430929\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=430929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=430929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=430929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}