L
LequteMan
Guest
The current crash in global oil prices has affected different economies in different ways and dimensions. Oil corporations are losing money by the hour and as a result some have decided to join forces together to weather the storm.
Recently, Halliburton and its United States rival, Baker Hughes sealed merger deal valued at $35billion.
Daily Independent is reporting that the biggest potential take-over in this sector, which would be the discussion between Royal Dutch Shell and British Petroleum, could materialize in the near future.
Shell has reportedly expressed interest to buy over BP shares despite the fact that BP is one of the largest oil firm valued at over £136 billion at its current 425p share price. If the deal sails through, that will make it one of the largest oil and gas firm in the world.
#Shell #BP #Nigeria
Recently, Halliburton and its United States rival, Baker Hughes sealed merger deal valued at $35billion.
Daily Independent is reporting that the biggest potential take-over in this sector, which would be the discussion between Royal Dutch Shell and British Petroleum, could materialize in the near future.
Shell has reportedly expressed interest to buy over BP shares despite the fact that BP is one of the largest oil firm valued at over £136 billion at its current 425p share price. If the deal sails through, that will make it one of the largest oil and gas firm in the world.
#Shell #BP #Nigeria
