BHP considering exiting oil and gas business – Bloomberg News
July 20 (Reuters) – Global miner BHP Group (BHP.AX) is considering getting out of oil and gas in a multibillion-dollar exit as it looks to speed up its retreat from fossil fuels, Bloomberg News reported on Tuesday, citing people familiar with the matter.
The world’s biggest miner is reviewing its petroleum business and considering options including a trade sale, the report said, adding that the deliberations were still at an early stage and no final decision has been made.
“BHP does not comment on rumor or speculation,” company spokesperson Judy Dane said.
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