BHP pegs growth projects to drive strong petroleum returns

(Reuters) - BHP Group's petroleum division head said on Monday the business is set to deliver strong returns and cash flow through the 2020s and beyond, supported by a raft of high-potential projects.Petroleum, which accounted for about 16 percent of BHP's underlying earnings in 2018/19, could potentially generate core earnings margins of more than 60% over the next decade, Geraldine Slattery, President Operations Petroleum, told a briefing.Including currently unsanctioned projects, the..