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Aug 19, 2021 The acquisition would boost cash flow generation, international diversification and reduce leverage, although a large capex pipeline and small scale compared to 'A' category peers limits the possibility of positive rating action in the near term. BHP announced on 17 August 2021 that it had entered into a merger commitment deed with Woodside


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2) Total capital expenditures (CAPEX) for oil and gas infrastructure development will range from $1.06 to $1.34 trillion from 2017 through 2035 (Exhibit ES-1). These levels of investment equate to an average annual CAPEX ranging from $56 to $71 billion throughout the projection (Exhibit ES-2)

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CapEx vs OpEx: Capital Expenditures & Operating Expenses

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