Exxon Mobil, and Chevron, two oil giants have announced recent acquisitions of major oil companies to expand their oil and natural gas assets. Some analysts view these acquisitions as a big bet on a fossil fuel-fueled future. Others argue that the moves could be seen as consolidation in an oil and gas industry on the decline. These conflicting interpretations are based on similar…
Exxon Mobil and Chevron, two oil behemoths, just announced significant acquisitions of oil companies, increasing their oil and gas holdings. Some analysts view these acquisitions as significant bets on a future powered by fossil fuels, while others contend that the actions may be seen as consolidation in an industry that is potentially in decline. These contradictory readings occur in a similar duel… Exxon Mobil and Chevron, two oil behemoths, just announced significant acquisitions of oil companies, increasing their oil and gas holdings. Some analysts view these acquisitions as significant bets on a future powered by fossil fuels, while others contend that the actions could be seen as consolidation in an industry that may be in decline. These contradictory readings occur in a similar duel…
Exxon Mobil, and Chevron, two oil giants have announced recent acquisitions of major oil companies to expand their oil and natural gas assets. Some analysts view these acquisitions as a big bet on a fossil fuel-fueled future. Others argue that the moves could be seen as consolidation in an oil and gas industry on the decline. These conflicting interpretations are based on similar…
