Good article today in the online version of the australian about large oil and gas companies looking to take over smaller companies..this bit i thought was particularly pertinent:
"The Achilles' heel of the major energy companies includes a declining production profile that could lead them to try to enlarge their presence in promising natural gas fields in the United States or to acquire companies with large undeveloped oil discoveries in oil-rich areas of Africa."
Good article today in the online version of the australian about...
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