BHP Billiton Ltd (BHP.AX)
30 Jan 2015
MELBOURNE, Jan 19 - BHP Billiton Ltd may be forced to slash its planned $4 billion spending this year on U.S. shale wells and book writedowns on its shale assets as it battles plunging prices for its biggest earners iron ore, oil and copper.
- Former Xstrata Plc Chief Executive Mick Davis is considering a bid for Vale SA's nickel business, Bloomberg reported.
(Corrects headline and lead to make clear this is second cargo, not first)
HOUSTON, Nov 21 - BHP Billiton Ltd has launched a tender offering to sell a 650,000-barrel cargo of processed condensate for delivery during the first half of January at the Houston Ship Channel, according to a document seen by Reuters on Friday.
SINGAPORE, Nov 6 - Asian buyers of condensate said they would be wary of taking cargoes of the ultra-light oil that BHP Billiton Ltd plans to export from the Gulf of Mexico without explicit approval from the U.S. government.
(Adds comments from Vitol chief Ian Taylor on U.S. oil export ban, updates with U.S. mid-term results)
* Term 2015 TC/RC to China at $100-$110/T, 10-11 c/lb -smelters
* ASX 200 gains for seventh session, longest winning streak since July
SYDNEY, Oct 14 - Australian shares rose 1 percent on Tuesday, underpinned by a recovery in the resources sector as iron ore, copper and other base metals rebounded, though a survey showing a dip in business conditions curtailed buying.
* Listing in London would be standard, rather than premium (Adds shareholders comment)