Forget Shell’s takeover of BG – it’s time for Big Oil to plan for managed decline
mergers and acquisitions
From Seven Sisters to One Super-Major?
Obama’s presidential Commission into the oil spill starts today and already the focus seems to be about how to improve safety offshore for future drilling in light of the BP disaster. That means the focus is how to drill offshore rather than whether to drill offshore. That is a huge difference. The Commission is unique … Read More
A Marriage Made for Mordor
As the oil price continues to delay development in the controversial and dirty oil sands, two Canadian oil companies have responded by consolidating their operations and merging. When Suncor Energy and Petro-Canada announced earlier this week that they were to merge to create Canada’s largest oil company, Suncor’s president and CEO Rick George said: “I … Read More