Friday, March 25, 2011

Trading Announcements

Today's Company announcements

BP Arctic Oil Update. It announced yesterday evening that an arbitral tribunal had ruled that an injunction to prevent its proposed transaction with Rosneft in Russia should continue.

BHP Billiton Iron Ore Update. Confirmed yesterday evening that it had approval of its US$7.4bn of capital investment to continue production growth at its Western Australia iron ore operations. This will expand its capacity to over 220m tonnes per annum.


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