World’s Largest Miner Books Massive $7.2 Billion Writedown On US Shale “Assets”

Mining giant BHP Billiton has just written off $13 billion of its $20 billion US shale oil and gas asset purchases since 2011.

Full article: http://www.zerohedge.com/news/2016-01-15/worlds-largest-miner-books-massive-72-billion-writedown-us-shale-assets

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