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Commodities Briefing - Categorized | M&A, Oil more

Global oil and gas M&A activity sinks to bottom since 2009

Posted on 23 July 2013

Energy players are maintaining a cautious stance while expanding operations or joining with other players. According to a report from PLS Inc and Derrick Petroleum Services, global mergers and acquisition activity in the energy sector in 2013 has been one of the lowest since 2007, with exception of the 2009 aftermath of financial crisis.
All put together, in 2013 so far, total deal value was reported at $45.8 billion, which is much below last year………………………………………..Full Article: Source


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