Woodside in talks to buy Santos (or parts of). This is shaping up to be another mega merger in the Energy sector after Exxon and Chevron bought Pioneer and Hess respectively.
All this corporate action tells you that the O&G majors see good value in the sector right now.
https://www.theguardian.com/austral...s-over-merger-to-create-a80bn-energy-behemoth
(apologies for the Guardian article)
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