Watch out for oil industry mergers | FT Business
- 5 years ago
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Big oil groups around the world have revealed the
damage to their operations and balances sheets in the latest earnings season from the halving of the oil price since last year. The next wave of mergers will come as soon as the volatile crude price begins to stabilise. The FT's US Energy Editor Ed Crooks identifies the predators and what kind of companies they are looking to buy.
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Big oil groups around the world have revealed the
damage to their operations and balances sheets in the latest earnings season from the halving of the oil price since last year. The next wave of mergers will come as soon as the volatile crude price begins to stabilise. The FT's US Energy Editor Ed Crooks identifies the predators and what kind of companies they are looking to buy.
► FT World News: http://bit.ly/1Exp0iJ
► FT Business: http://bit.ly/1KUK08s
The latest on companies news
http://www.ft.com/companies
Click here for more FT Business videos
http://video.ft.com/Ft-Business
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes