BHP Billiton keeps chin up in weak market

April 22, 2015 11:44 AM

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Company cuts U.S. onshore activity, but maintains production guidance.

"With higher oil prices expected over the medium term, we believe deferring development will create more value than producing today," BHP Billiton Chief Executive Officer Andrew Mackenzie said in a statement. "Our high-quality acreage and excellent operating performance, with industry-leading drilli...

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