"Big Oil has a growth problem for sure but is extremely well capitalized and we now see an M&A window opening,"
Amoco
More consolidation likely in oil industry
Shell chiefs early challenges
Malcolm Brinded, the head of exploration and production, is skilled at dealing with governments, but was tarnished by Shells repeated writedowns of its reserves in the aftermath of the misreporting scandal that emerged in 2004.
Oil explorers find new fields to conquer
Companies are also dipping into unconventional hydrocarbon deposits the sticky mountains of tar sands in Alberta, Canada and on the banks of Venezuelas Orinoco river, the tight sands gas reserves of western Australia, and the methane trapped in long-disused European coal mines.
Don and Shell end Smart row
Speculation in the industry suggests that the sudden capitulation points to the possibility of a merger between Shell and another major petrol brand.
Jackpot Promotions
DAILY MAIL, Thursday, April 13, 1967
Petrol pools firm misses jackpot
By PETER DUFFY
FOR three weeks a company running a scheme to boost garage petrol sales invested £510 a week on a huge football pools permutation – without winning a farthing. Last Saturday, the fourth week, the firm won £562.
An. official said yesterday: “What chance has the 5s.-a-week pools punter when we can’t hit the jackpot?”
The company is Jackpot Promotions, of High Road, Seven Kings, IIford, Essex.
It is behind the give-away pools line scheme with which the Fina, Cleveland Discol, and Amoco petrol companies and independent garages are fighting the cut-price petrol war.