Analysts hint at merger of Shell and BP
According to an article by Keith Findlay published by energyvoice.com: “Falling fortunes at BP and Shell could force the two oil and gas giants into a “mega-merger” within a couple of years, some City analysts believe. Some of Shell’s big shareholders are said to be frustrated by the company’s spending on expensive far-flung projects that fail to yield.” MORE HERE
SEE ALSO: Shell BP Mega-Merger?: 29 May 2014
Shell accused of a Jekyll and Hyde Approach to Climate Change
A BloombergBusinessweek article reveals that “For all its vaunted language, Shell continues to fund and support several groups pursuing the opposite aim: to stymie climate policies sprouting up around the globe that the Trillion Tonne Communique applauds.” According to the article: “Shell has backed other groups opposing regional climate rules. The Australian Petroleum Production & Exploration Association, which includes a Shell executive on its 16-member board, hailed the country’s repeal in July of its carbon policy, which made Australia the first developed nation to rescind a price on carbon emissions.” read more
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