Oil, gas upstream M&A deal value hits highest Q1 level since 2017

An ongoing consolidation in the U.S. shale industry has driven up global mergers and acquisitions (M&A) deal value in the oil and gas exploration sector to its highest first-quarter level in seven years, industry experts said. Deals worth more than $55 billion have been announced in the first two months of 2024, according to analytics firm Enverus, as publicly traded companies take advantage of
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