BHP deal extends 2021 global M&A trend of majors shedding oil, gas assets

Capt. John

Global oil companies are reducing their greenhouse gas emissions profiles by selling off their carbon-intensive assets, an S&P Global Market Intelligence analysis of mergers and acquisitions data found. In the US, the M&A train runs on the opposite track. US independent exploration and production companies are buying up rivals and neighbors to consolidate their oil …

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