Diversify, consolidate or die: Energy transition poses stark choices to mid-sized oil companies
US oil supermajor Chevron’s headline-grabbing USD 13 billion deal to acquire independent outfit Noble Energy was hailed in some quarters as proof that Big Oil is far from dead and buried, no matter what the fossil fuel divest movement might say. Battered and bruised, the supermajors still have a lot of life left in them. Armed with enviable credit rating…
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4 years ago · 4 likes · Seb Kennedy