BHP Said to Mull Oil Exit in Retreat From Fossil Fuels

BHP Said to Mull Oil Exit in Retreat From Fossil Fuels

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses BHP's potential sale of oil and gas assets, driven by current Brent prices and a shift towards clean energy. It highlights the challenges BHP faces due to investor pressure on emissions and the smaller pool of potential buyers. The company is also focusing on exiting coal and investing in future-facing minerals like copper, nickel, and cobalt, with a significant potash project in Canada.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What future strategies is BHP considering as it looks to exit fossil fuels?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What role do future-facing minerals play in BHP's business strategy?

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