Our purpose is to bring people and resources together to build a better world. We do this through our strategy to deliver long-term value and returns through the cycle.
We provide the materials for essential infrastructure, enabling better standards of living and facilitating greater prosperity.
We believe the future is increasingly clear and our strategy, portfolio, capabilities and approach to social value position us to play an important role in meeting the twin objectives of an accelerated energy transition, and continued economic development and improvement in living standards.
Sustainability is integral to how we contribute to social value creation. It is core to our strategy and sits at the heart of everything we do.
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10 December 2013
BHP Billiton hosted an investor briefing on its Petroleum business.
BHP has completed the sale of its interests in the Eagle Ford, Haynesville and Permian Onshore US oil and gas assets to BP America Production Company for a gross consideration of US$10.5 billion.
BHP has completed the sale of its Fayetteville Onshore US gas assets to a wholly owned subsidiary of Merit Energy Company.
The Board has approved expenditure of US$2.2 billion for its share of the development of the Mad Dog Phase 2 project in the Gulf of Mexico.