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Miner BHP considers exit from oil and gas

Mining giant BHP plans to dial down on fossil fuels, reports Bloomberg News.

Photo: CHRIS HELGREN/REUTERS / X00378

Australian mining firm BHP is mulling an exit from the oil and gas market to boost its withdrawal from fossil fuels, writes Bloomberg News citing anonymous sources familiar with the matter.

According to the media, the company is currently examining its petroleum business, with one possibility being to divest.

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