Tag «BHP Billiton»

First national human rights investigation into climate change impacts proceeds despite opposition from fossil fuel companies

Manila, 8 December 2016 – The Commission on Human Rights of the Philippines (CHR) today initiated the next steps in the world’s first-ever national investigation into human rights harms resulting from climate change (1), despite apparent opposition from some fossil fuel companies. A legal petition submitted by 18 individuals and 14 organisations, including Greenpeace Southeast …

BHP BIlliton : Celebrating 130 Years of History

BHP Billiton | A leading global resources company BHP Billiton is today celebrating the 130 year anniversary of the incorporation of BHP and its significant contribution to the Australian economy and society for more than a century.BHP was formed in 1885 after a rich silver and lead deposit was discovered by Charles Rasp on a …

BHP Billiton: Onshore US Asset Review

  July 15, 2015 ​BHP Billiton expects to recognise an impairment charge of approximately US$2 billion post-tax (or approximately US$2.8 billion pre-tax) against the carrying value of its Onshore US assets as an exceptional item in the 2015 financial year results. The gas focused Hawkville field accounts for the substantial majority of this charge reflecting …

BHP Billiton : Executive Changes

  June 30, 2015 BHP Billiton Chief Executive Officer, Andrew Mackenzie, today announced changes to the Group Management Committee (GMC). Dean Dalla Valle, currently President Health, Safety, Environment (HSE), Marketing and Technology will become Chief Commercial Officer, assuming accountability for Potash. Mr Dalla Valle’s current portfolio includes Group Project Management making the Potash Project a …

BHP Billiton Announces End of US Investigations

May 20, 2015 ​U.S. Department of Justice (DoJ) to take no action U.S. Securities and Exchange Commission (SEC) investigation that commenced in 2009 resolved on all matters No findings of bribery or corrupt intent DOJ’s ‘no action’ and SEC resolution conclude the U.S. investigations SEC imposes a civil penalty relating to accounting provisions of the …

Shareholder Support for Demerger of South32 by BHP Billiton

May 06, 2015 BHP Billiton shareholders have approved the demerger of South32, with the demerger resolution achieving 98.05 per cent in favour. The simultaneous shareholder general meetings took place in Perth and London to approve the demerger of South32 from BHP Billiton. BHP Billiton Chairman, Jac Nasser, welcomed the overwhelming support by shareholders of the …

BHP Billiton and CSIRO Award Brightest Students in Science and Engineering

February 03, 2015 ​BHP Billiton today joined some of Australia’s top high school students, science teachers and research scientists in announcing the winners of the BHP Billiton Science and Engineering Awards at a ceremony in Melbourne. The BHP Billiton Science and Engineering Awards are Australia’s most prestigious school science awards. Operating since 1981, the Awards …

BHP Billiton: New Company to be Named South32

December 08, 2014 ​BHP Billiton today announced that the new company it intends to create through its proposed demerger will be called South32. The majority of South32’s selected assets are located in the southern hemisphere with its two regional centres – Australia and South Africa – linked by the thirty-second parallel south line of latitude. …

BHP Billiton: Focusing on Operating and Capital Productivity

November 24, 2014 BHP Billiton is now targeting US$4 billion of annualised productivity gains in its core portfolio by the end of the 2017 financial year, a US$500 million increase on previous guidance. Improved capital productivity will allow planned investment to be reduced from US$14.8 billion to US$14.2 billion in the 2015 financial year and …