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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

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.

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

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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