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Collapse of crude prices heralds wave of oil industry consolidation

“There are some fantastic opportunities out there,” Mr Savage said. “We are going to see a whole raft of mergers in the months ahead.” He suggested that the most vulnerable companies were those with good access to reserves but little or no current production and insufficient finance to develop projects because of the credit crunch.

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A deal for Nexen could spark a wave of mergers and acquisitions by companies such as Royal Dutch Shell

A deal for Nexen could spark a wave of mergers and acquisitions, analysts said, pointing out that several US companies, such as Anadarko, Marathon and the UK's BG were being eyed by companies such as Royal Dutch Shell, Eni and other larger rivals.

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Consolidation in oil industry likely in 2009

Major oil companies are sitting on enormous piles of cash after posting record profits in recent quarters, while crumbling stock and crude prices have made many smaller oil and gas companies potential targets.

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Mergers are getting done faster as volatility grows

Royal Dutch Shell PLC's $5.5 billion acquisition of Canada-based Duvernay Oil Corp., declared in July, was completed in 40 days.

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Fair weather for oil industry mergers as project costs soar

Oil and gas chief executives, a conservative lot, have shied away from using high energy prices to justify big deals. The collapse of the markets could spur them into action.

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Don and Shell end Smart row

Speculation in the industry suggests that the sudden capitulation points to the possibility of a merger between Shell and another major petrol brand.

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.