MARKETS

BP pulls out of Woolies deal 

Downstream dealt a blow as supermajor can't make planned purchase work 

  BP has decided against buying retailer Woolworth's 500 or so petrol stations for A$1.8 billion.    BP said today that "the transaction cannot be structured to meet its strategic objectives".  ...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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