Finance

OPINION: Oil majors' cast-offs could shift sector's power balance

A raft of expected asset sales should accelerate oil majors' energy transition, but could consolidate oil assets into fewer hands, including state-owned players

M&A action: oil and gas assets are going on the sales block
M&A action: oil and gas assets are going on the sales blockPhoto: REUTERS/SCANPIX
  • Editorial
ExxonMobilShellPetrobrasUK North SeaOpinion
Published 30 September 2020, 08:57Updated 30 September 2020, 10:13