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Archive for October 29th, 2006

Big oil may have to get even bigger to survive

The international giants are in trouble, with reserves shrinking, taxes and costs rising, and producing nations reneging on deals or nationalising their assets. The answer to their problems could be massive mergers, writes Oliver Morgan
Multinational oil companies are having a tough time. Crude prices are falling, maintaining production is a struggle, yet taxes set by [...]

Sunday, October 29th, 2006

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