BHP Group Ltd. News

Final Settlement for Brazil’s Samarco Mining Dam Disaster Could Reach $19 Billion

RIO DE JANEIRO – A definitive settlement with miner Samarco and owners, BHP Group and Vale SA, for the damage caused by a burst tailings dam in 2015 could reach 100 billion reais ($19.06 billion), the governor of the Brazilian …

London Court Will Reconsider $6.9B Suit Against BHP Over 2015 Brazil Dam Collapse

LONDON – London’s Court of Appeal will hear a request to revive a 5 billion pound ($6.95 billion) lawsuit against Anglo-Australian mining group BHP over a 2015 dam failure in Brazil, a court order showed. Judge Nicholas Underhill has agreed …

Randall & Quilter to Acquire World Marine & General Insurance From BHP

Randall & Quilter II Holdings Limited has agreed to acquire the entire issued share capital of The World Marine & General Insurance Co. from BHP Group Limited. WMG was incorporated in England & Wales in 1894 and was purchased in …

As Storm Forms in Gulf of Mexico, U.S. Oil Producers Shut Offshore Output

U.S. oil prices have climbed 3% as more major oil producers shut production and withdrew staff from offshore platforms in the U.S. Gulf of Mexico, as a storm threatened oil-producing areas. Anadarko Petroleum Corp., the third largest producer in the …