Drillinginfo: US oil and gas M&A deal values plunged to record 10-year low in 1Q19
A slump that began in late 2018 has carried over into the new year and the US$1.6 billion in 1Q19 deals is down 91% from 4Q18, and down 93% compared to 1Q18.
A slump that began in late 2018 has carried over into the new year and the US$1.6 billion in 1Q19 deals is down 91% from 4Q18, and down 93% compared to 1Q18.
The oil and gas industry gets a hard time where environmental impact and sustainability are concerned, but an increasing number are identifying the value of their food wastes, explains Tidy Planet’s sales manager, Huw Crampton.
As oil prices approach US$70/bbl, Rystad Energy expects that a short-lived price rally through the first half of 2020 will then lose momentum and be replaced by a need for additional production cuts by Russia and the cartel of oil producing countries, OPEC.