Shell Betting Its Future On LNG

http://oilprice.com/Energy/Natural-Gas/Shell-Betting-Its-Future-On-LNG8627.html Could the largest energy deal in over a decade begin a new wave of mergers and acquisitions? Is LNG really the future? How Will ExxonMobil Respond? And perhaps more importantly, does the mega-deal between Royal Dutch Shell (RDS.A) and BG Group (LON: BG) portend the end of the bear market for oil? Shell announced on April 8 that it agreed to buy BG Group for an eye-popping $70 billion. The move was surprising, in the sense that a lot of companies in recent years have reined in their spending on high-cost projects outside of North America. Shell,…

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