Replies to post #11416 on The Rising Influence of Rising Affluence

[OakesCS]

Geez. Refining equipment? The writer doesn't have a clue what service companies do.

I think exploration is dead for a while and anybody who works in that domain, whether inside a production or service company, is in danger. The carnage is extreme and, as far as I can tell, not particularly selective beyond what part of the company people are in.

[Timothy Smith]

$RDS.A - Royal Dutch Shell's (RDS.A, RDS.B) proposed tie-up with BG Group (OTCQX:BRGXF, OTCQX:BRGYY) secured clearance yesterday from one of two Australian regulators but still requires approval from China, but Reuters reports that Chinese regulators are pressing the company to sweeten long-term gas supply contracts, which could cast new doubt on the near-term benefits of the deal.

Will this potentially hold up this deal and if they agree will it create a ripple affect for gas prices globally??