RE:RE:suncor take over? The time is perfect for a big merger. CNQ and SU would really change the landscape. It would be dirty, to the tune of about 40% job losses. You would see a huge move from employee's to contractors.
The logistics of that size of a merger would be dizzying, but now is the time. I don't see IMO merging unless it was a sale by Exxon to liquidate cash for their own ventures.
Nothing should be ruled out though right now. We possibly have 12months or more of volatile prices at near break even points. This is when super powers are formed.
also in the Canadian environmental approval process, their might be an easier road to approval with less competition. Gov't Canada might see it as they don't have to pick and choose approvals. They can approve 1 super application instead of numerous small ones. The optics for Fed liberals is a lot better that way