Upstream oil and gas M&A and capital raising deals totalled US$130.5 billion in 2Q19, says GlobalData
The biggest M&A deal of 2Q19 was Occidental Petroleum’s acquisition of Anadarko Petroleum for US$55 billion.
Special reports - 13 September 2019
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Rystad Energy predicts US shale supply to peak around 2030
US Light Tight Oil (LTO) represented less than 1% of global oil supply nine years ago but now represents close to 10% of total global oil supply, a percentage which is expected to continue its ascent going forward.