As the acquisition war rages on over Anadarko, some analysts are suggesting that there will be additional mergers and acquisitions as major oil companies seek to increase their foothold in the US shale hotspot, the Permian Basin—but BP’s CEO Bob Dudley said on Wednesday that BP wasn’t currently on the hunt for oil and gas deals, according to CNBC, and wasn’t interested in Anadarko. BP has already made its move into US shale when it acquired last year assets of BHP Billiton worth US$10.8 billion. BHP unloaded the assets at a time when it was booking losses thanks to the 2014 price crash. This suggests that BP is not reluctant to take a piece of the US Shale pie, rather that it has already had its fair share in what Dudley at the time considered a “transformational” move. BP snagged BHP’s assets in not only the Permian, but also […]