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#530 - A good opportunity to rise

So many wealthy individuals exist in the world, yet before the oil crisis, no one thought about hoarding oil. But Su Cheng did, and he even boldly borrowed 5 billion Hong Kong dollars. It could be said that he risked everything to hoard that oil.

Li Yihui's admiration for his boss, Su Cheng, grew stronger and stronger.

So young, yet with such a visionary outlook, unparalleled in the world. This kind of genius is one in a hundred years, no, it should be said, one in a thousand years!

Su Cheng directly ignored Li Yihui's praise, having long been immune to such compliments.

He knew his own capabilities. If it weren't for Xiao Ai's help, even with his time travel, he would have only been able to become an ordinary wealthy person at best, relying on the limited advanced knowledge from his previous life.

Perhaps he might have even struggled to inherit his father's fortune.

Therefore, his achievements today were solely due to Xiao Ai, and there was nothing to boast about.

"Then, boss, do you have any views on the future situation of the world's oil industry?" Li Yihui began to ask for guidance.

As the head of Tianwen Petroleum Company, he needed to plan more for the company's future.

If he could gain some useful insights from his boss, it might help the company prepare in advance, to avoid falling behind in the uncertain future situation.

Heji Petroleum Company had nothing to do with Li Yihui, but he wanted to make more preparations for Tianwen Petroleum Company, in the hope that it could develop even stronger in the future.

Having worked for BP Petroleum Company, a world-leading oil company, for many years, Li Yihui naturally also had ambitions.

Since he had jumped ship to Tianwen Petroleum Company, he naturally hoped that Tianwen Petroleum Company could develop into a world-leading oil company like BP Petroleum Company.

Su Cheng took a shallow sip of tea and, finding it cold, poured it directly onto the coffee table, preparing to pour himself a new cup.

Seeing this, Li Yihui hurriedly refilled Su Cheng's cup with fresh tea.

He had been chatting attentively and thinking about many things, which made him forget to change Su Cheng's tea.

"Since that's the case, then I'll analyze my views," Su Cheng said with a smile, after taking another sip of tea to moisten his throat.

Li Yihui sat upright opposite Su Cheng, like an eager student, ready to listen attentively to Su Cheng's words.

"It is inevitable that Persia will take back its oil fields. This is also the reason why they overthrew the previous government. The recovery of these oil fields will definitely cause a series of chain reactions. As far as I know, whether it is BP Petroleum Company, or Shell, ExxonMobil, and other large and medium-sized European and American oil companies, they all own their own oil fields in Persia. These oil fields were previously seized through unequal treaties. Now that the oil fields are being taken back, the losses of these oil companies will definitely be enormous. This will likely lead to a sharp decline in the strength of many oil companies, resulting in serious losses. The most likely result is that some oil companies will go bankrupt or be acquired.

European and American countries are used to being overbearing and domineering. They own numerous oil fields in the Middle East and other places, basically seized through unfair treaties like Persia. When everyone sees Persia taking back its oil fields, other countries will naturally have the same idea. Even if they cannot completely recover ownership, they can at least obtain more benefits.

Therefore, it is inevitable that the lifelines of the world's oil companies will be greatly damaged next. If nothing unexpected happens, European and American oil companies will begin a round of mergers and acquisitions. The strong will naturally survive, while the weak will only be swallowed up."

Su Cheng briefly described the situation in the oil industry next.

In Li Yihui's view, this was just Su Cheng's prediction, but only Su Cheng knew that this was the true development trend of the oil industry next.

As the world's second-largest oil producer, Persia's importance is self-evident. It can be said that almost the entire country is full of oil fields. Oil resources are truly abundant.

Because of this, medium and large-sized oil companies in Europe and America basically control oil companies in Persia.

But now, they will completely lose control of these oil fields.

It is conceivable how great the loss will be to the oil companies.

This is just the loss of one country, Persia. Once a chain reaction occurs, and other countries follow suit, jointly uniting to completely recover the mining rights of oil fields, then the losses of these oil companies will be even greater.

Of course, with the United States being so strong, if it launches a few more wars, these countries will not be able to completely recover the mining rights, but these oil companies will definitely have to bleed a lot.

Hearing Su Cheng's analysis, Li Yihui's eyes lit up, and he instantly had many ideas.

"A wave of mergers and acquisitions in the oil industry, doesn't that mean that it's also an opportunity for us? If we seize it, and acquire some high-quality oil companies, then our strength will definitely increase greatly!" Li Yihui said directly.

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"It is indeed an opportunity. As for whether Tianwen Petroleum Company can seize the opportunity, it depends on you. The company is not short of funds now. As long as the decision is beneficial to the company, I will support it," Su Cheng said with a smile.

During this period, Tianwen Petroleum Company has made a lot of money thanks to the arrival of the oil crisis, especially in the past two months. After acquiring so many oil refining companies, Tianwen Petroleum Company's refining capacity has greatly increased, and the money earned has naturally increased even more.

Moreover, 40 million barrels of crude oil were taken from Su Cheng's private oil reserves. The funds obtained from these reserves are still in the financial account of Tianwen Petroleum Company. Therefore, the current Tianwen Petroleum Company is truly wealthy. If it wants to acquire other oil companies, it really has the ability to do so.

"Since the boss fully supports it, then I have to plan it carefully. This is a rare opportunity for Tianwen Petroleum Company to rise, and we must seize it," Li Yihui said, instantly filled with enthusiasm.

Why did he resign from BP Petroleum Company? Wasn't it because he felt that there was no longer an opportunity for promotion there?

When he came to Tianwen Petroleum Company, this company was like the difference between a three-year-old child and an adult compared to BP Petroleum Company, completely incomparable.

Coming here was a gamble for his life.

If he wins, he can become a big boss in the future.

If he loses, he can retire early. (End of this chapter)

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