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Latest Stories

BP on track to sell $7bln in assets

BHP PLC (LSE:BP) is on the verge of concluding a deal for the sale of its offshore oil fields in the Gulf of Mexico for $7 billion to Houston-based Plains Exploration & Production (NYSE:PXP).

More trouble for Glencore in Bolivia

Three managers from Bolivia's state-owned mining company were taken hostage by residents of a village in the region of Potusi, who are demanding a 15% stake in the region's silver mine part-owned and operated by Glencore.