Wednesday, January 21, 2015

>>> Mining giant BHP cuts US shale oil rigs by 40% amid sliding price

SYDNEY, Jan 21- The world’s biggest miner BHP Billiton Wednesday said it was cutting back its operating US shale oil rigs by 40 percent amid slumping prices, but expected production output to rise for the financial year. BHP said it would reduce the number of rigs from 26 to 16 by the end of the […]

Mining giant BHP cuts US shale oil rigs by 40% amid sliding price

Mining giant BHP cuts US shale oil rigs by 40% amid sliding price