Bloomberg BHP Billiton Ltd. is aiming to complete its exit from the US onshore oil and gas sector within two years after settling on asset sales ahead of alternatives such as an initial public offering. “We’re determined to divest these businesses,” Chief Executive Officer Andrew Mackenzie said at an annual meeting in Melbourne. “We have concluded with our shareholders that ...

Bloomberg Mexico is speeding up a countrywide liberalization of fuel prices by a month in a bid to kick-start lagging private investment. Mexico’s energy regulatory commission, CRE, approved bringing forward an end to government-set pump prices in the southeastern zone comprised of Campeche, Quintana Roo and the Yucatan, known as region five, to November 30 from December 30. Mexico will ...

Bloomberg A relentless flow of natural gas from America’s shale basins is drawing bears to the market — and that’s music to the ears of at least one Asia-backed investor. Kalnin Ventures LLC — an investment company with funding from Thailand’s largest coal miner, Banpu Public Company Ltd. — has spent about $417 million over the past two years snapping ...