BHP Withdraws From Most India Oil & Gas Projects
Mining giant BHP Billiton plans to withdraw from nearly all of its oil and gas exploration projects in India, reportedly due to regulatory delays. The firm said it would give up nine exploration blocks in the country, leaving it with just one. The move deals a blow to India's attempt to boost domestic production and reduce its reliance on oil imports. It is also a major setback for the government, which has ...
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