Shell mega merger with BG
Posted: Sat Apr 11, 2015 4:06 pm
What is this merger telling us?
http://finance.yahoo.com/news/week-ener ... 19886.html
I think we can assume that Shell has some very smart people that took a long hard look at BG before they made the deal. I think it screams to us the potential of the global LNG market.
It may also tell us that Shell does not have a lot of high potential oil projects to spend money on.
http://finance.yahoo.com/news/week-ener ... 19886.html
I think we can assume that Shell has some very smart people that took a long hard look at BG before they made the deal. I think it screams to us the potential of the global LNG market.
It may also tell us that Shell does not have a lot of high potential oil projects to spend money on.