With more than $110 billion of oil and gas assets on the block as companies big and small count the cost of the collapse in oil prices, it is now a question of who will blink first to set the M&A scramble in motion.
Article published by Reuters 30 Jan 2015 under the headline:
Buyers bide their time in $110 bln oil asset sell-off
* Half of the assets on sale are in North America
* North Sea could prove a hard sell
* Potential buyers holding out for further price falls
* Wave of deals expected within three to six months
By Ron Bousso
LONDON, Jan 30 (Reuters) – With more than $110 billion of oil and gas assets on the block as companies big and small count the cost of the collapse in oil prices, it is now a question of who will blink first to set the M&A scramble in motion.
Energy groups with spare cash, venture capital funds and multinational and state oil companies are eyeing assets with valuations that have largely tracked the halving of the oil price to less than $50 a barrel since last June.
Fri Jan 30, 2015 4:48pm GMT
This story is currently being reported by multiple Dutch news publishers on 31 Jan 2015
By John Donovan
From an article by Angela Macdonald-Smith published 30 Jan 2015 by The Sydney Morning Herald under the headline:
By Puneet Kollipara 
Potentially, a prolonged period of low oil prices might finally see BP and Shell, like two drunken sailors, holding each other up through the merger that has so long been on the horizon.
WASHINGTON Thu Jan 29, 2015 1:49pm EST
Royal Dutch Shell is reviving plans to drill for oil in Arctic in a move likely to intensify its battle with environmentalists.
By 
LONDON — Jan 29, 2015, 3:42 AM ET: 
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