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BHP Billiton (BHP) sells its 8.33% stake in the East Browse joint venture and 20% interest in...
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Tuesday, December 11, 2012, 5:02 PM ETBHP Billiton (BHP) sells its 8.33% stake in the East Browse joint venture and 20% interest in the West Browse joint venture, both located off the West Australian coast, to PetroChina (PTR) for $1.63B in cash. BHP exec Michael Yeager says the liquefied natural gas project interests were a non-strategic asset.
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