U.S. Oil Majors Use Big Deals to Stay Ahead of European Rivals

Europe’s unloved oil majors seem to finally be winning back investors by refocusing on their core business, yet the valuation gap with their dealmaking US peers remains stubbornly wide.After companies such as BP Plc embraced net zero targets during the pandemic, Russia’s invasion of Ukraine has given them the opportunity to pivot back to fossil … Read more

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