Kloppers’ $12bn shale deal shifts BHP focus
William MacNamara and Sheila McNulty, Financial Times , 18 Jul 2011
BHP Billiton has signalled the scale of its ambitions for shale gas, a controversial fuel that is contributing to a gas glut in the US.
A deal announced on Friday, in which it agreed to pay $12.1bn for Houston-based gas developer Petrohawk, stands to tilt earnings at the world’s biggest mining company more towards oil and gas. ... Read full article

