this post was submitted on 18 Jul 2025
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Analysts Expect More Oil and Gas Mergers. What Could That Mean for the Climate? (insideclimatenews.org)
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It depends on multiple factors. But as one expert put it, “if they’re not producing those barrels of oil, somebody else will.”

By Deep Vakil

Investor excitement after The Wall Street Journal reported recently that Shell was in early talks to acquire BP was quickly dampened by Shell’s outright dismissal of the possibility as “market speculation.” But one way or another, analysts and consultants for the oil and gas industry expect further consolidation is coming.

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