1. BHP Agrees to Exit Oil Business, Approves Giant New Potash Mine

    BHP Agrees to Exit Oil Business, Approves Giant New Potash Mine

    (Bloomberg) -- BHP Group will merge its oil and gas operations with Woodside Petroleum Ltd. as the biggest miner positions itself for a global shift away from fossil fuels and prepares to plow $5.7 billion into a massive new fertilizer mine in Canada. After the deal, BHP shareholders will own about 48% of Woodside, the miner said in a statement Tuesday. The company also announced it will eradicate its dual-listing structure and move to a single primary listing in Australia...

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    1. Potash provides BHP with increased leverage to key global mega-trends, including rising population, changing diets, decarbonisation and improving environmental stewardship.
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