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Posts on ‘March 15th, 2009’

Prices are right, so where are the oil and gas mergers?

Today, the merged Exxon Mobil has a war chest containing 2.38 billion of its shares, with a market value of about $152bn, and about $40bn in cash. The company chairman and chief executive, Rex Tillerson, says Exxon Mobil will evaluate potential acquisitions.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

BP, other oil firms to take on added debt as revenues fall

Because of lower oil revenues, all oil firms will need to assume increased debt in coming years to cover their dividends, capital spending and exploration costs, BP Chief Executive Tony Hayward has warned. Natural gas prices also have weakened.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com
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