- Write by:
-
Friday, November 27, 2020 - 3:46:11 PM
-
536 Visit
-
Print
Mining News Pro - Oil and gas major ExxonMobil has called off the multibillion-dollar sale of its stake in the Bass Strait oil and gas fields, off the coast of Victoria, after failing to attract attractive enough offers.
The US-based company told its workforce on Friday that it had decided to retain the assets, following “extensive market evaluation”, local news organisation the Sydney Morning Herald (SMH) reported.
Bass Strait is a joint venture (JV) with partner BHP, which according to the SMH would continue with a process to divest of its shares in Bass Strait.
ExxonMobil in October 2019 announced that it would exit the Bass Strait JV.
Short Link:
https://www.miningnews.ir/En/News/608554
A Russian arbitration court ruled on Monday that four units of Swiss commodities trader Glencore will pay more than 11.4 ...
The US Energy Department on Monday announced $6 billion in federal funding to subsidize 33 industrial projects in 20 ...
Private credit managers are doing significantly more fossil-fuel deals now than just a few years ago, as they step into ...
A Senegalese opposition coalition backed by popular firebrand Ousmane Sonko launched its presidential campaign platform ...
BHP, the world’s largest miner, has come a long way in the matter of female representation in its workforce, ...
An ongoing consolidation in the US shale industry has driven up global M&A deal value in the oil and gas exploration ...
BHP has shown up to support vulnerable women and children with a $CAD500,000 ($571,050) donation to the YWCA Saskatoon ...
Iron ore train drivers at BHP Group’s Pilbara operations in Western Australia have voted to strike on Friday in a bid to ...
Mining News Pro - Even though it has been estimated that anthropogenic activities have increased the global mercury ...
No comments have been posted yet ...