Chapter K26: The Oil Empire (Page 1/1)

Why did Texaco "basically" fall into the hands of SS Financial?

Quite simply, because Texaco Oil is not only the power of the Rockefeller consortium, but also the shadow of another consortium - the Chicago consortium.

Yes, the Chicago consortium is also a shareholder of Texaco Oil, but it has been under the "shadow" of the Rockefeller consortium all these years. However, if the SS consortium wants to swallow Texaco oil completely, then it can't get around the Chicago consortium anyway, and in any case, they are also shareholders.

However, Su Chenyu really didn't pay attention to the "little brother" of the Chicago consortium, the SS consortium was tough on the three major families of Morgan, Rockefeller and Rothschild, not to mention a small Chicago consortium.

What's more, in order to let the Chicago consortium honestly let go, Su Chenyu is ready to let the two major consortiums Morgan and Rothschild join forces to exert pressure. Hehe, do you really think that Su Chenyu let go of the Morgan consortium and the Rothschild family so easily? The alliance between General Motors' shares and the French privatization can't satisfy the open mouth of the SS consortium.

It's all about taking down Texaco oil!

In other words, this matter is not a big deal for the Morgan consortium and the Rothschild family, not to mention, it is still the two to join forces to put pressure, unless the Chicago consortium does not want to mix it up before refusing. Moreover, the Chicago consortium has long been a little impatient with Texaco Oil, which has been "having a rough fate" over the years, and the most important thing is that Rockefeller can't grab control.

So, after the SS consortium offered a sufficient price, the Chicago consortium agreed without even blinking an eye, and the excitement was a bit unbelievable.

In this way, when X Fund took the initiative to end this "Russian financial war" and pulled the three major consortium families out of the quagmire, SS Financial Holding also completed the acquisition of Texaco Oil.

For $35 billion, the SS consortium officially took Texaco oil under its command, thus planting its own flag in the European and American oil industries.

However, such a big deal that could change the landscape of the international oil industry did not

How much of a sensation it caused is very simple, on the one hand, because of the suppression of public opinion by MGM Group, and on the other hand, everyone's attention is focused on the quantum fund.

Because, after the end of the "war in Russia", the Quantum Fund released financial statements, and their "long" in Russia incurred huge losses. There is no doubt that the situation of the quantum fund represents more than just the situation of his family, in fact, the three major consortium families have also suffered losses in Russia.

Therefore, everyone's eyes are focused on the financial world, how can there be time to care about such a small minion as Texaco oil.

However, no one knew that the SS consortium's acquisition of Texaco Oil had opened up a huge oil empire!

After successfully acquiring Texaco Oil, the SS Consortium officially wielded its own broadsword and carried out a vigorous transformation of its entire oil industry.

The first thing the SS consortium did when it took over Texaco Oil was very simple and practical, and that was to inject a large amount of capital, which is what Texaco needs most at the moment. You know, the hard power of Texaco oil itself is absolutely fine, and the reason why it has gradually declined over the years is because the funds can't keep up.

Now that I'm on the thigh of the "capital daddy" of the SS consortium, who else is Texaco Oil afraid of?

Not only that, but then the SS consortium made another move that surprised countless people - to spin off BHP's oil business and merge it into Texaco Petroleum. In other words, Texaco Petroleum will officially take over BHP's huge oil assets and become the flagship aircraft carrier of the SS consortium in the oil industry.

This news is indeed exciting enough, you know, although BHP Billiton's main business area is mining, but their scale in the oil industry is not small at all. In particular, BHP Billiton has a large number of oil fields, refineries and other oil assets in countries such as Australia and Indonesia.

Now, who would have thought that Texaco Oil had picked up a big bargain and would actually take over BHP's oil assets, which is really a pie-in-the-sky thing.

Of course, too

There are many people who complain about BHP Billiton, and they are all the "own sons" of the SS consortium, so why should BHP Billiton let their oil business go out? Couldn't BHP Billiton take over the entire Texaco oil and create a super-giant that integrates mines, oil, and so on?

Well, it's not impossible, it's just that there is a specialization in the art industry, and it is better for BHP to concentrate on mining. What's more, the palms and backs of the hands are meat, Su Chenyu will definitely not favor one over the other, the SS consortium has officially launched the acquisition of the British mining giant Billiton - BHP Billiton will be the main body of the acquisition.

Since he wants to build an oil empire, then Texaco oil is definitely not qualified, even if he eats BHP's oil assets, he is really 108,000 miles away from the Standard Oil Group, which once "dominated the world".

But don't worry, Texaco Oil is just one part of the entire oil empire, and the other part is the Siberian Oil Company.

It's time for the Siberian Oil Company, which was taken from the Russian government a long time ago, to step onto the world stage, and it can't be hidden in the cold Siberian winter forever.

So, the SS consortium decided to merge Texaco and Siberian Petroleum into a single oil super-oil company to compete with the growing Shell and the combined Exxon-Mobil.

There is no doubt that the future of the oil industry will be the world of giants, Shell, Exxon-Mobil and other traditional oil giants continue to dominate the world through mergers and restructurings, and Saudi Aramco, PetroChina, Russian gas, Iranian oil and other new giants will also get a piece of the pie.

If you want to maintain your position as a giant in the oil sector, it is necessary to form a huge "oil empire". Quite simply, in the future game between giants, the smaller oil companies will not even have a chance to intervene, so they can only quietly be spectators. There is no doubt that Su Chenyu will definitely not be a spectator, since he wants to be a "chess player", then he must first improve his own hard power.

Therefore, the merger and reorganization of Texaco Oil and Siberian Oil is imperative!

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