(Dow Jones) - With nearly $40 billion in cash in its coffers, Exxon Mobil holds enough financial firepower to pull off an industry-changing transaction, energy mavens say.
January 12th, 2009:
Exxon-Mobil Has Mega Cash and Capital Ideas
This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website,
johndonovan.website, and shellnews.net,
are owned by John Donovan. There is also a Wikipedia segment.
Shell resumes oil exports from Delta
SHELL Petroleum Development Company (SPDC) has lifted force majeure on crude exports from its Bonny, Forcados and Bonga oil facilities in the Niger Delta region.
Feeling Flush, Exxon Fuels Speculation Deal Is on Tap: Shell spokesman declined to comment
One of the many scenarios suggested by observers is Exxon buying Royal Dutch Shell, a move that would give the Texas company access to more oil reserves in West Africa and would turn Exxon into an uncontested giant in the fast-growing global gas trade. A Shell spokesman declined to comment.
Oil traders demand ships to store crude before prices rebound
Royal Dutch Shell is thought to have hired at least four, BP has hired one, the Eagle Vienna, while Koch, an American company, has leased another.
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