Shell-BG tie-up signals more oil-gas deals ahead

April 8, 2015 11:52 PM

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Shell-BG tie-up signals more oil-gas deals ahead

That's the view of a number of market watchers, including John Hofmeister, a former president of Shell Oil, a U.S. subsidiary of the Anglo-Dutch oil giant.

"I suspect that may be so," Hofmeister said of the prospects of more oil and gas mergers and acquisitions. "I don't know that there will be that many big ones, but April is going to be a telling month because banks are looking at all of their outstanding loans, as they normally do in April."

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