BHP Billiton spells out future for ‘red hot’ shale gas

Australian oil and gas producer BHP Billiton is planning a huge investment spree in shale gas. Group and chief executive J Michael Yeager (pictured) told investors yesterday about plans to capitalise on the “red hot” shale gas industry. Talking up the huge potential for shale, he referred to one BHP site at Haynesville in the […]

BHP swoops on Petrohawk shale

BHP Billiton has swooped on a deal to buy Petrohawk Energy. If signed off, the deal would bring three shale gas sites into BHP’s hand. The energy companies have agreed a selling price of $38.75 per share. J. Michael Yeager, BHP Billiton Petroleum Chief Executive, said: “Petrohawk has a focused portfolio of three world class […]