DIVERSIFIED MINER
Mining major BHP Billiton has extolled the value of its petroleum assets, with group president for petroleum operations Steve Pastor saying that the underlying fundamentals suggest that oil and gas markets are improving more quickly than the company’s mineral commodities.
“Over the next decade, demand growth, natural field decline and the effects of industry wide investment deferrals are expected to create a significant opportunity to invest and maximise value in oil.
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