M&A Deals in the Oil and Gas Sector are Slowing Down
Rystad Energy, an energy consultancy firm, recently published a report that indicates M&A deal-making in the oil and gas industry has dampened when compared to the first six months of last year. Donald Trump’s policies and other macroeconomic uncertainties have contributed to this slump, although it can also be argued that the slowing down of deal-making activity at this time is only natural after the frantic merger and acquisition deal-making that happened during the past 24 months. According to the report, the total value of the deals completed shrunk by approximately 33% to reach $82 billion during H1 of this…