OPINION

Slugcatcher on the looming consolidation of global oil

IF John D. Rockefeller was alive today, he would be annoyed about the unhealthy state of the oil industry he fathered in the late 19th century, but Slugcatcher also reckons he would see an opportunity to rebuild his Standard Oil business, dismantled in 1911.

Slugcatcher
Could you start by putting parts of Standard Oil back together again? 

Could you start by putting parts of Standard Oil back together again? 

There's a lot to digest in that suggestion, but the key is to consider the dramatic shrinking process underway in the world's biggest oil companies as they struggle with low prices which have exposed their...

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