By Paul Sankey
Published on November 10, 2024 at 2:21 PM
Afternon, Back in London. Where was memorialized this Sunday morning the 11th minute, 11th hour of the 11th day of the 11th month that spelled the end of World War I. We were out this morning at the Horse Guards Parade (photo above) to watch the Remembrance Sunday parades, with a friend of mine solemnly marching as an officer in the front row of the Black Watch (Royal Highlanders) regimental group. It was moving to …
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By Paul Sankey
Published on November 8, 2024 at 7:30 AM
Daylight Savings Time claimed yet another victim, as I flew in from Abu Dhabi last evening, landed 8.30pm, and was whizzing back to London base in a cab, when Greg called: “Are you getting on Happy Hour?” he asked. Sure enough – “it’s not until 10pm” was the wrong answer. We hacked it from the back of the cab. ~ At ADIPEC I was watching a CVX executive and a Microsoft executive give the usual …
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By Paul Sankey
Published on June 1, 2024 at 12:27 PM
“That must mean we’re up here at Gobbler’s Knob, waiting for the forecast from the world’s most famous weatherman, Punxsutawney Phil.” Phil Connors (Bill Murray), Groundhog Day (1993) We are back to writing about E&P M&A … again. Our conclusions are broadly unchanged: Big companies are being incentivized by the market to take over the small, but with an evolution on the margin that finds asset quality now of equal importance to valuation; we are …
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