25 April 2024
BHP Billiton to spend $4.5 billion on developing US shale gas in 2012
Publication date: 15 November 2011
Gas Strategies Group
10 Saint Bride Street
London UK
EC4A 4AD
ISSN: 0964-8496
Twitter @GasStrategies
Editorials
Subscriptions
Australia’s BHP Billiton (BHP) is looking to spend $4.5 billion on US shale developments in the coming year, following a $17 billion investment in shale gas producer Petrohawk Energy and shale assets from Chesapeake Energy earlier this year. BHP said it was planning to spend $5.5 billion/year by visual_editor015, with the figure to rise to $6.5 billion/year by visual_editor0visual_editor0.