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    HomeNewsOpinionBig Oil’s transatlantic strategy gulf has never been wider — and that is OK

    Big Oil’s transatlantic strategy gulf has never been wider — and that is OK

    Mega-deals in the US make sense, but it’s not obvious why European groups should scale up too

    Financial Times
    ©The Financial Times Limited 2020 Oct 30, 2023 / 12:10 PM IST
    All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.
    Big Oil’s transatlantic strategy gulf has never been wider — and that is OK

    Big Oil is using its richly-valued shares to buy good assets held by companies with a higher cost of equity.

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