BHP weighs more oil and gas capital spending cuts
BHP Billiton petroleum president Tim Cutt says capital spending could be cut again for its diminished United States onshore shale business amid depressed prices but is confident in a "medium-term" oil and gas price recovery.
Mr Cutt said volatility in oil and gas prices would continue in the near term, and depending on how the oil price tracks, BHP could again reduce its 2016 capital spend of $US1.5 billion for its onshore US division.
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