Deal gives British energy giant ‘access to some of the best acreage in the best basins’
BP has agreed to buy US shale oil and gasfields from the Anglo-Australian miner BHP for $10.5bn (£8bn), in the UK firm’s biggest acquisition in nearly two decades.
Bob Dudley, BP’s chief executive, lauded the deal as transformational and industry watchers said the move significantly beefed up the company’s US shale presence, which was small compared to peers.
Continue reading...from US news | The Guardian https://ift.tt/2OlYqag
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