Ophr could be next takeover target 13 Apr 2015 05:41
The world of Big Oil looks set for another round of mega-mergers and acquisitions after Shell set the ball rolling this week with its $70bn agreement to take over BG.
All eyes are on ExxonMobil. The world’s largest shareholder-funded energy giant has plenty of cash – and opportunities, now that the drop in oil prices has produced an army of willing sellers.