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Corporate week in brief: BHP calls time on US unconventionals

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Report summary

Lead stories: BHP calls time on foray into US unconventionals. Macro: Brent-WTI spread widens ahead of Tropical Storm Harvey; oil and gas shares outperform broader market. Companies: Changes at the top at Chevron? Cairn and Premier post encouraging H1 results; Chinese NOC's report strong results, raise dividends. M&A: Statoil the latest Major to enter Vaca Muerta. Exploration: BHP announces US GoM discovery with Wilding-2 well.

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    Corporate week in brief: BHP calls time on US unconventionals

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Table of contents

  • Macro: oil prices, oil and gas shares
  • Lead story: BHP Billiton's US Lower 48 exit
  • Companies: PetroChina, CNOOC, Sinopec, Chevron, Premier, Cairn
  • Exploration: BHP
  • M&A: Statoil

Tables and charts

This report includes 3 images and tables including:

Images

  • BHP International capex and cash flow outlook
  • BHP US L48 capex and cash flow outlook
  • Corporate dashboard

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