The world's biggest oil companies might be getting even bigger

April 8, 2015 5:47 AM

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The world's biggest oil companies might be getting even bigger

Rock-bottom energy prices appear to have triggered their usual response from oil companies: A wave of tie-ups that make the biggest producers even bigger.

The latest example is Royal Dutch Shell's plan to purchase BG Group, a British firm with a market cap of $46.2 billion and a stockpile of prized oil fields off the coast of Brazil.

Also read: KKR buys smart meter financing firm Calvin Capital

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