COVID crisis could UNIFY world’s largest oil companies ...United Arab Emirates

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COVID crisis could UNIFY world’s largest oil companies
Giant M&A deals are in the making following the oil price crisis, but the market may not see the typical kind of merger. Sir Winston Churchill once admonished leaders to never let a good crisis go to waste. Wall Street banks and other large banks have been paying attention: They were shrewd enough to seize the opportunity presented by the last financial crisis to get hard-nosed government agencies to approve giant M&A deals they would otherwise have frowned upon. The oil sector should take its cue from the banking sector and try out a little Churchillian wisdom.  Rob Cox, global correspondent for Reuters Breakingviews, seems to feel th

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