Royal Dutch Shell-BG Group Merger A Sign Of ‘Darwinian’ Mood Of Oilpatch, Veteran Analyst Says

Royal Dutch Shell-BG Group merger a sign of ‘Darwinian’ mood of oilpatch, veteran analyst says

TORONTO • The US$70 billion mega-merger between Royal Dutch Shell Plc and BG Group Plc highlights the “Darwinian” mood of the oil and gas industry with the strong looking to pounce on the weak, says veteran industry analyst Peter Tertzakian. “We saw it in 1998-99, when Exxon Corp. and Mobil Corp. merged and BP Plc. and…