Shelling out for a BG takeover

Gigi Douban Apr 8, 2015
HTML EMBED:
COPY

Shelling out for a BG takeover

Gigi Douban Apr 8, 2015
HTML EMBED:
COPY

Oil company Shell is teaming up with BG, a gas company. It’s just one of a number of mergers in the oil and gas business that are either being considered, or are in the works.

Shell will reportedly pay $70 billion for the company, one of the largest mergers in the industry since ExxonMobil.

The industry is under immense pressure to consolidate — but are some sectors under more pressure than others?

Click the audio player above to listen to the full story.

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.