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LNG Love Story: Shell Makes Play to Buy BG in $69.7B Megamerger | Marcellus Drilling News
It's an LNG love story. Yesterday Shell announced they are buying BG Group, the former British Gas, for $69.7 billion dollars. To put it in perspective, in 1998 Exxon bought Mobil for $80 billion, forming what is now ExxonMobil. So this is that kind of scale--really really huge. The oil and gas industry is buzzing