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Oil sector sees a new league of two: the ultramajors

Thursday, February 25, 2016 - 05:50

Houston

THIS may not be the best time to be bigger than big.

The US$64 billion tie-up of Royal Dutch Shell plc with BG Group plc and the steady growth of Exxon Mobil Corp are creating a new league of two: the ultramajors. Executives at smaller companies are even starting to joke

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