January 1999

Columns

HPIn Processing: Ultra-merger

This past year was quite a rough one for the hydrocarbon processing industry (HPI) and the oil industry in general. Many "records" were broken or came close to being broken. These "records" include so..

Nakamura, D. N., Hydrocarbon Processing Staff

This past year was quite a rough one for the hydrocarbon processing industry (HPI) and the oil industry in general. Many "records" were broken or came close to being broken. These "records" include some of the largest mergers in business history, all-time low gasoline prices in the U.S. and the lowest oil prices in 50 years (adjusted for inflation). Ultra-merger. Just when you thought they couldn't get any bigger, along comes the Exxon / Mobil merger. A few months ago, the title of the editorial I wrote was "Mega-merger." Little did I expect yet another merger, much larger than the BP/Amoco deal, to be completed. For those unfamiliar with the details, the Exxon / Mobil merg

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