Oil and gas deals 2021 

Oil and gas deals 2021. 1 million. 01% over the previous month of $6. E. 61 million mt of LNG and 7. December 22, 2023. The report provides detailed comparative month-on-month data, on the number of deals and Apr 7, 2021 · The top five oil & gas industry M&A deals of February 2021 tracked by GlobalData were: 1) Energy Transfer’s $7. 04% of the overall value during November 2021. , according to S&P Global Market Intelligence data. Norway’s Aker BP buys Sweden’s Lundin Energy in a $13. May 10, 2022 · Mergers and acquisitions (M&A) deal activity in the oil and gas industry witnessed a decline in terms of value in Q1 2022, with only $59bn worth of deals announced, a fall of 41% from Q4 2021, according to GlobalData’s latest report Global M&A Deals in Q1 2022– Top Themes by Sector. L. 29, 2021. 15bn asset transaction deal with CenterPoint Energy Feb 15, 2022 · A total of 74 billion-dollar deals were undertaken in the oil and gas industry last year, compared to only 40 in 2020, says GlobalData. Jan 27, 2021 · Key Points. 9% and 19. Credit: Al Drago/Bloomberg via Getty Images. (AP Photo/Matt Rourke, File) Total oil & gas industry M&A deals worth $15. A. Oct 4, 2021 · After plummeting in 2020, oil prices have rebounded in 2021 and upstream merger and acquisitions (M&A) have started to pick up. The count of billion-dollar-plus deals dropped to 11, compared to 26 such deals in the previous quarter. The report identifies significant reforms that should be made to ensure the Mar 15, 2022 · In fact, the largest deal in terms of value for 2021 was announced toward the end of the year, when prices were at multi-year highs. 04bn, against the overall value of $4. jobs in oil, gas, and coal rose by 11. The value marked an increase of 54. m. While there are always going to be a few deals here and there Sep 30, 2021 · GlobalData's “Oil and Gas Upstream Mergers and Acquisitions (M&A) Monthly Deals Review - August 2021” report is an essential source of data and trend analysis on M&A (mergers, acquisitions, and asset transactions), in the upstream oil and gas industry. A Russian company that recently struck a deal with the Syrian government for offshore oil and gas exploration is part of a network of companies that make up the shadowy Mar 28, 2024 · The number of U. 6 million barrels per day (bpd) and accounting for 16 percent of China’s total imports. In terms of deal volume, there was a drop of 20% to 367 M&A deals in Q1 2024. The deal was completed in Q4 Feb 4, 2022 · Russia has agreed a 30-year contract to supply gas to China via a new pipeline and will settle the new gas sales in euros, bolstering an energy alliance with Beijing amid Moscow's strained ties Oct 29, 2021 · GlobalData's “Mergers and Acquisitions (M&A) Activity in Oil and Gas sector of United States of America (USA) - Monthly Deal Analysis - September 2021” report is an essential source of data and trend analysis on M&A (mergers, acquisitions, and asset transactions), in the oil and gas industry in the US. 79bn recorded for the month. Following a 12. 6bn recorded for the month. 48 billion from $5. 24 billion, due largely to a pair of major deals involving North American and Australian oil and gas producers. 3bn acquisition deal with Great Western Petroleum. This time is different. The top five oil & gas industry deals of November 2021 tracked by GlobalData were: 1) BGF Retail $152. This article discusses market trends in oil and gas transactions from 2021 through the first quarter of 2022, including (1) notable transactions; (2) deal trends with respect to capital markets, mergers, and acquisitions (M&A), and master limited partnerships (MLPs); (3) disclosure trends; (4) legal and regulatory trends; and (5) an Nov 26, 2021 · Date: Friday, November 26, 2021 Contact: Interior_Press@ios. 56bn were announced globally, marking an increase of 37. upstream oil and gas industry booked its biggest-ever quarter for mergers and acquisitions in the fourth quarter of 2023, with a total of $144 billion worth of deals, Enverus Intelligence Sep 22, 2021 · The industry announced fewer whole-company and minority-stake deals in August 2021 than in August 2020 — 31 deals compared to 35. is reportedly ready to extend the windfall tax on North Sea oil and Jan 23, 2024 · The U. 3bn were announced globally in April 2021, led by Pioneer Natural Resources ‘ $6. The report provides detailed comparative month-on-month data, on the number of deals and their value, sub-divided into deal types by Jan 24, 2023 · Jan 24 (Reuters) - U. 3% over the previous month of $16. These final reports mark the culmination of Haynes Boone’s tracking of energy Aug 25, 2023 · Downstream oil and gas deals distribution worldwide by region 2016; U. Oct 29, 2021 · GlobalData's “Oil and Gas Upstream Mergers and Acquisitions (M&A) Monthly Deals Review - September 2021” report is an essential source of data and trend analysis on M&A (mergers, acquisitions, and asset transactions), in the upstream oil and gas industry. The report provides detailed comparative month-on-month data, on the number of deals May 7, 2021 · The domestic oil and gas boom of 2021 continues into May, driven by strong crude prices that most analysts thing will get stronger, recovering global demand, and by fiscal discipline being Jun 21, 2021 · The combined value of the top five deals stood at $7. 2) The $1. The current context combines a supply shock with an unprecedented demand drop and a global humanitarian crisis. Formed by the merger of Cabot Oil & Gas Corp. Key points: 2 days ago · Canada’s oil and gas industry could lose US$55 billion (C$75 billion) in upstream investment by 2035 if the federal government implements a stringent 40% emissions cap from 2030, the Canadian Nov 2, 2021 · By Jeff Mordock - The Washington Times - Tuesday, November 2, 2021. In the LTM period, July 2021 turned out to be the most prolific in terms of deal size, with a total deal value of $14,586. , Sept. 36bn, against the overall value of $11. During the second quarter of 2021, global upstream M&A in the oil and gas industry hit $33 billion, the highest quarterly value since the second quarter of 2019, according to Enverus, an energy data analytics company. Associated natural gas production from oil-directed wells in the Permian Basin will fall because of lower West Texas Intermediate crude oil prices and Sep 27, 2022 · In 2021, Canada's oil and gas extraction companies reported total assets of $452. Aug 18, 2022 · Going forward the law says Interior will hold periodic oil and gas lease sales and offer at least 60 million acres (24 million hectares) of offshore parcels and 2 million acres (810,000 hectares Jun 25, 2021 · Large oil and gas deal activity for the rest of 2021 and into 2022 isn’t likely to be centered on the oil field services business. The oil and gas assets in the North Sea also witnessed several deals in the last year. This deal, which ends Emerson's year-long effort to buy the company, offers $60 per share, a 50% premium over National Mar 21, 2022 · One of the world’s top oil producers and exporters. Yet in the same period, the combined value of deals rose to $7. Simpson, Thacher & Bartlett served as legal advisors to KKR. 2bn acquisition of Enable Midstream Partners. 8% when compared with the last 12-month Aug 30, 2021 · FTC Chair Lina Khan is directing staff to identify new legal theories to challenge retail fuel station deals and investigate possible collusion by national chains to push up prices, she said in an Mar 5, 2021 · North American pipeline companies drove l arge-scale oil and gas M&A deal-making in February with several proposed transactions aimed at industry consolidation, according to S&P Global Market Intelligence data. ET. In Q1 2022, the upstream Nov 8, 2022 · How important is a US gas deal? the UK imported 3. Collection. 3) Grayson Mill Energy’ $900m asset transaction with Equinor Energy. Russia exported 12. The data and analytics company notes that oil price recovery encouraged companies to undertake more high-value deals to push forward their growth plans. November Feb 17, 2022 · For the oil and gas (O&G) sector, and particularly for deal-making within O&G, the pandemic accelerated trends that had been gradually emerging. P. 29m, against the overall value of $294. on track to curb planet-warming Feb 17, 2022 · Ravindra Puranik, Oil & Gas Analyst at GlobalData, comments: “This growth in deal-making was largely driven by the shale and subsea themes. KKR & Co Inc (KKR), a private equity firm, has made an investment of KRW2. President Joe Biden on Wednesday signed a series of executive orders that prioritize climate change across all levels of government and put the U. Some of the major oil and gas activities are conducted by international oil companies such as Tullow Ghana, Vitol, Kosmos Energy, and ENI, among others. PipeChina takes over oil and gas pipelines, and storage facilities from PetroChina and Sinopec in a deal valued at $55. 9m recorded for the month. 08bn acquisition of Emerald Kalama Chemical by Lanxess. 9bcm of LNG from the US in 2021, 26% of the UK’s total LNG imports. Emerson Electric Co has agreed to buy National Instruments Corp for $8. May 2, 2022 · The oil and gas industry saw a surge in high-value M&A deals in 2021, according to GlobalData. The report provides detailed comparative month-on-month data, on the number of deals and their value, sub-divided into deal types by Nov 26, 2023 · Average crude oil production capacity has been declining slightly over time, with an average 176,000 barrels per day in September 2021. 7 Oil’s stability at this price range is reassuring, but its inability to break the upper level ($50/bbl) despite a bull run in the broader equity and May 14, 2021 · North American oil and gas consolidation activity has intensified in 2021, and experts see the potential for more deals to come. Haynes and Boone, LLP today released new reports tracking bankruptcy filings in the energy sector during 2021. 1 billion as energy prices soar and big oil companies reap massive profits. In an effort to slow the nation's contribution to climate change, President Biden has signed an executive order to begin halting oil and gas leasing on federal lands and Feb 17, 2022 · The US shale plays, particularly the Permian Basin, remained the most attractive target for oil and gas M&As in 2021. ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17. This fall in deal-making reflects the shifting priorities toward rewarding shareholders and investing in clean energy M&A, particularly when oil and natural gas prices Jul 5, 2021 · According to Accenture, three different portfolio strategies could emerge: 1. The top five oil & gas industry M&A deals of August 2021 tracked by GlobalData were: 1) Holly Energy Partners and HollyFrontier Jan 24, 2022 · GlobalData's “Oil and Gas Upstream Mergers and Acquisitions (M&A) Monthly Deals Review – December 2021” report is an essential source of data and trend analysis on M&A (mergers, acquisitions, and asset transactions), in the upstream oil and gas industry. 2) The $2. 4 trillion ($2 billion) in SK E&S Co Ltd, a diversified energy company. Aug 19, 2021 · Woodside's BHP oil and gas deal promises short-term gain, but is it signing up for long-term pain? Posted Wed 18 Aug 2021 at 7:00pm Wednesday 18 Aug 2021 at 7:00pm Wed 18 Aug 2021 at 7:00pm Aug 29, 2021 · The top country in terms of M&A deals activity in July 2021 was the US with 31 deals, followed by the Canada with 11 and India with four. Like other segments, midstream deals declined in 2020. It is one of the world’s top three crude producers, vying for the top spot with Saudi Arabia and the United States. 2021. 54 million mt of pipeline gas in 2021, according to China's General Administration Mar 10, 2021 · Based on Rystad Energy projections, at West Texas Intermediate (WTI) prices of $40 per barrel and Henry Hub Natural Gas prices of $2. The top five oil & gas industry M&A deals of November 2021 tracked by GlobalData were: 1) Sika $6bn acquisition deal with Master Builders Solutions Deutschland. Jan 27, 2021 · Updated at 2:30 p. 3% during the first two years of Biden's presidency, outpacing the 8. 2 Billion. 9 billion cash and stock deal, to form Norway’s second largest listed oil firm. and Cimarex Energy Inc. 9 billion, up 2. Moreover, Israel is determined to complete the Mubadala deal at any cost, as A total of 125 Mergers & Acquisitions (M&A) deals (pending and completed) were announced in the Oil & Gas of the Europe region, in the last twelve months resulting in a total deal value of over $71,175. 7% year on year. In fact, upstream deals declined by 29% and 18% in terms of value and count, respectively, between 2021 and 2022 despite average oil prices rising by 43% during the same period. The US shale plays, particularly the Permian Basin, remained the most attractive target for oil and gas M&As in 2021. After the first two shocks, the industry rebounded, and business as usual continued. REUTERS/Andrew Kelly Purchase Licensing Rights New Tab . 06 billion all-stock merger between Marcellus Shale gas driller Cabot Oil & Gas Corp. 2bn acquisition of Rogers by DuPont de 2 days ago · Creating oil and gas 4. Mar 16, 2022 · How much crude oil, natural gas, and coal does China import from Russia? China imports large amounts of all three commodities. ” Jan 11, 2024 · As we ring in the new year, let's recap the biggest oil and gas deals of 2023. The value marked a decrease of 9. Apr 12, 2021 · Published April 10, 2021 Updated April 12, 2021 Saudi Aramco, the national oil company of Saudi Arabia, has reached a deal to raise $12. in particular is reaping the benefits of the ramp-up in mergers and acquisitions. May 7, 2024 · The global oil & gas market in Q1 2024 witnessed deals worth $99 billion, a growth of 117% compared to Q1 2023. 8% growth posted in solar and wind energy jobs, according to figures May 15, 2020 · Article (PDF-870 KB) The oil and gas industry is experiencing its third price collapse in 12 years. 7% of the overall value during August 2021. The KKR-SK E&S deal was another major deal in the oil & gas sector in 2021. 2) The $5. The reports offer useful data and analysis that underscore the buoyant state of the oil and gas sector. S. GlobalData's “Mergers and Acquisitions Activity in Oil and Gas sector of United States of America (USA) – Monthly Deal Analysis – March 2021” report is an essential source of data and trend analysis on M&A (mergers, acquisitions, and asset transactions), in the oil and gas industry in the US. L) is set to conclude nearly a century of operations in Nigerian onshore oil and gas after agreeing to sell its subsidiary there to a consortium of five Oct 21, 2021 · Oct 21, 2021 7:00AM EDT. Deal count is Global deals Of the 10 largest deals globally, five were in upstream, four were Jul 31, 2022 · Total Oil & gas industry M&A deals worth $9. ’s oil minister, insisted that the country’s quota should be calculated from a higher baseline than the one set in April 2020, in an emergency deal at the May 17, 2021 · May 17, 2021, 2:03 PM. AI and other digital technologies can help make processes faster and more efficient, incorporate more data into decision making, and lead to higher-quality outcomes internally and externally. Feb 24, 2022 · Table 1: Oil & Gas M&A in US, Deals Summary, Number of Deals and Deal Values ($ billion), January 2021 – January 2022 Table 2: Big Ticket M&A Deals in US, by Value, January 2022 Table 3: Upstream M&A in US, Deals Summary, Number of Deals and Deal Values ($ billion), January 2021 – January 2022 Mar 27, 2021 · Office of the Iranian Presidency, via Associated Press. 5 per MMcf, 190 companies might face bankruptcy before the end of 2022. 11bn and a drop of 24. 0 billion as the industry reversed the write-offs incurred in 2020. 5bn, promising to ramp up Russia’s Far East exports at a time of heightened tension with The deal was completed in Q2 2021. 69bn merger of ARC Resources and Seven May 20, 2021 · The UAE has a lot to gain from the purchase, believed to be worth as much as $1. Emerson Electric to buy National Instruments for $8. Oil price charts for Brent Crude, WTI & oil futures. 0: Propelling the industry forward. The combined value of the top five oil & gas M&A deals stood at $9. Trend analysists anticipate that the amount of debt issuance will continue to increase in 2021. Read the Full Article. 2) The $3. com, in cooperation with its partners, offers over 150 crude oil blends and indexes from all around the world, providing users with oil price charts, comparison tools and smart analytical 2 days ago · Proved crude oil reserves in Africa by main countries 2021; Oil and gas rigs in Africa by type 2022; (M&A) deals in the oil and gas industry worldwide between 2023 and 2024 [Graph], Offshore Aug 17, 2021 · Big miner BHP and oil and gas producer Woodside Petroleum have announced a $40 billion merger of their oil and gas businesses to form one of the world's biggest energy companies. 9 Oct 21, 2021 · Oil prices are up 60% since the start of 2021, a recovery that has led to increased deals activity in the oil and gas sector, and a related upswing in work for firms in Texas with energy practices. Nov 23, 2021 · Even so, American consumers are feeling the impact of elevated gas prices at the pump and in their home heating bills, and American businesses are, too, because oil supply has not kept up with Mar 24, 2022 · The combined value of the top five oil & gas M&A deals stood at $3. 2bn acquisition of DoublePoint Energy, according to GlobalData’s deals database. ” Midstream assets also had a notable contribution to the share of the deals in 2021. Jul 7, 2022 · By: Justin F. 2) The $690m acquisition of Hope Gas by ULLICO. Feb 4, 2022 · President Vladimir Putin has unveiled new Russian oil and gas deals with China worth an estimated $117. Feb 1, 2022 · February 01, 2022. 4 billion from the sale of a 49 percent stake in a pipeline May 9, 2022 · According to GlobalData’s latest report ‘Global M&A Deals in Q1 2022– Top Themes by Sector’, $59 billion worth of deals were announced in the oil and gas industry in Q1 2022, a fall of 41% from Q4 2021. 3 At a global level, electric vehicle (EV) sales grew by over 35% in 2023, with one in seven cars sold being an Feb 15, 2022 · GlobalData’s latest report, ‘Global M&A Deals in 2021 – Top Themes by Sector’, reveals that global mergers and acquisitions (M&A) activity in the oil and gas industry grew annually by 16% to reach $335 billion in 2021, considering M&As with known deal value. The oil and gas assets in the North Sea also witnessed several deals in the last year, including the one involving Lundin Energy. 8% from Australia and Turkmenistan, respectively. Feb 27, 2024 · An ongoing consolidation in the U. doi. Nov 8, 2021 · The Bipartisan Infrastructure Deal makes the largest investment in passenger rail since the creation of Amtrak – helping reduce greenhouse gas emissions by repairing, upgrading, and modernizing Mar 9, 2022 · Through most of 2021, Coterra Energy Inc. Many of these industry movements are addressing attitude shifts toward the expansion of renewable energy options, pressure for lower-carbon technologies, and realigning of assets across the O&G space. 4bn were announced globally in June 2022, led by Targa Resources ‘ $3. Energy news covering oil, petroleum, natural gas and investment advice Mar 27, 2021 · The combined value of the top five oil & gas M&A deals stood at $16. The combined value of the top five oil & gas deals stood at $277. Global mergers and acquisitions (M&A) activity in the oil and gas industry grew annually by 16% to reach $335 billion in 2021, considering M&As with known deal value. The largest deal in terms of value for 2021 was announced toward the end of the year, when prices were at The AI-enabled utility: Rewiring to win in the energy transition. The deal, which surprised some observers, represents the second-largest industry transaction of 2021 so far. The combined value Jan 31, 2024. , the so-called merger of equals, Cimarex and Cabot’s $9. 5bn recorded for the month. shale industry has driven up global M&A deal value in the oil and gas exploration sector to its highest first-quarter level in seven years, industry experts said. and Permian Basin shale oil producer Cimarex Energy Co. 4) The $570m asset transaction with Albemarle by W Dec 28, 2021 · Shocking the oil and gas industry following the publication of preliminary results from exploration wells in Namibia’s 6. 55bn acquisition of Lucid Energy Group, according to GlobalData’s deals database. 2bn acquisition of DoublePoint Energy. 1% decrease in 2020, total liabilities (the sum of current liabilities, long term debt, and other Dec 24, 2021 · The top five oil & gas deals accounted for 94. 2% in 2021 to $380. ExxonMobil proposing to buy Pioneer Natural for a cool $64. China agreed to invest $400 billion in Iran over 25 years in exchange for a steady supply of oil to fuel its growing economy under a Dec 23, 2021 · The combined value of the top five oil & gas M&A deals stood at $17. Jan 16, 2024 · LONDON, Jan 16 (Reuters) - Shell (SHEL. , November 24, 2021. Cimarex Chairman, President and CEO Tom Jorden 2021 oil and gas M&A outlook: Consolidation through the price cycle 1 Sector deals There were 258 deals across the sector in 2020, down from 433 in 2019, with value declining from $347 billion in 2019 to $218 billion in 2020. The Oil & Gas Specialist, where companies double down on cost and operational excellence, while reducing carbon intensity. 2021 oil and gas industry outlook 3 Oil prices are trapped between soft demand and rallying equity markets The Brent oil price benchmark has reflected inertia at around $45/bbl since June 2020. 25 billion merger is an analyst darling even though it remains undervalued in the market. In 2021, as of July, oil & gas M&A deals worth $81. The top five oil & gas industry M&A deals of February 2021 tracked by GlobalData were: 1) Energy Transfer’s $7. 93bn acquisition of Alta Marcellus Development and Ard Operating. The top five oil & gas industry M&A deals of February 2022 tracked by GlobalData were: 1) PDC Energy $1. 2 billion. April 30, 2024. 9bn, against the overall value of $10. 96m acquisition deal Jul 18, 2021 · Suhail al Mazrouei, the U. GlobalData oil and gas analyst Ravindra Puranik, shares about M&A trends in 2021 and what they might look like in 2022. This path is likely to be chosen by national oil companies and some exploration and production independents. 2. Russia is a major player in global energy markets. 3 mbpd in 2023 and cross the 100 mbpd mark for the first time in history. Russia relies heavily on revenues from oil and natural gas, which in 2021 made up 45% of Russia’s federal budget. gov. Mar 8, 2022 · Russian natural gas accounted for around 10% of China's total gas imports of 121 million mt in 2021, against 25. BHP Group agrees to sell its petroleum business to Woodside Petroleum Jul 15, 2021 · Two of the biggest mergers in the oil and gas industry this year took place in Colorado, helping make the second quarter of 2021 one of the hottest periods for deals in the past couple of years Jan 14, 2021 · As more new wells come online later in 2021, new well production will exceed the decline in legacy wells, driving the increase in overall crude oil production after the first quarter of 2021. Dec 20, 2021 · [1/2] Gas prices are seen displayed at a BP gas station in Manhattan, New York City, U. The sector recorded 15 mega-deals (defined as any deal valued at more than $1 billion), an increase of 15% compared to Q1 2023. Despite these disruptions, global oil demand remains on track to grow by 2. was not a household name for investors, largely because it didn’t exist. 3-million-acre Kavango Basin, Canadian oil and gas exploration company, Reconnaissance Africa (ReconAfrica), uncovered the potential of a massive oil discovery estimated to contain 120 billion barrels of oil. 0 million, resulting in an average deal value of $1,041. 15 oil and gas M&A deals were made Dec 1, 2023 · Read more from the Deloitte Center Energy & Industrials’ 2024 outlook collection. Hoffman and Thomas Blackwell BAKER BOTTS L. 145 million mt of natural gas, comprising 4. During the month, the sector announced 17 whole-company and minority-stake deals, compared to six in February 2020. 17 “North American oil and gas bankruptcy debt reached an all-time high in 2020 and is set to grow,” press release by Rystad Energy May 24, 2021 · The combined value of the top five oil & gas deals stood at $9. 1bn, both economically and politically. The top five oil & gas industry deals of April 2021 tracked by GlobalData were: 1) Pioneer Natural Resources’ $6. To read the reports, click here. 9 billion. 6% from 2020. 12bn, against the overall value of $24. 1 day ago · FILE - A Conoco gas station sign is shown in Glenside, Pa. Such scrutiny is rare in the oil and gas sector, where deals typically sail past regulators, more than a dozen industry sources Dec 22, 2023 · The biggest oil and gas sector deals of 2023 were US industry consolidation – think ExxonMobil proposing to buy Pioneer and Chevron Hess. drilling oil and gas wells gross output 1998-2016; Offshore rig count in West Africa by contract type 2021-2024; Oct 21, 2021 · October 21, 2021 4:45 PM UTC Updated ago Item 1 of 2 Dust blows around a crude oil pump jack and flare burning excess gas at a drill pad in the Permian Basin in Loving County, Texas, U. Oil & Gas Journal provides its audience of industry executives, managers, and engineers with operations-focused news Jul 30, 2021 · Chevron’s announcement came a day after Shell said it would spend $2 billion on a share buyback program by the end of 2021, alongside a 40% dividend hike that was so unexpectedly large it Jun 14, 2021 · The biggest deal proposed during May was the $9. oil and gas deal-making declined by 13% last year to $58 billion compared to 2021, according to energy technology firm Enverus, with the volume of activity hitting its Sep 28, 2021 · The top five M&A deals accounted for 86. The Biden administration presented sweeping regulations targeting the oil and gas industry Tuesday in an effort to cut back on Crude oil prices & gas price charts. Aug 9, 2021 · The oil and gas sector debt issuance has continued to rise, spiking to more than $240 billion in 2020, $98 billion of which was in the second quarter alone. All regions, except China, the Middle East and Africa, reported an increase in Feb 1, 2021 · Oil, Gas Deal Tracker: 2021 Starts with Billion-Dollar M&A. 89bn and a drop of 36. 2% when compared with the last 12-month average, which Oilprice. Total capital assets increased 1. Credit: REUTERS/ANDREW KELLY. So far, Citigroup Inc. WASHINGTON — The Department of the Interior today released its report on federal oil and gas leasing and permitting practices, following a review of onshore and offshore oil and gas programs. In 2021: Russia was China’s second largest supplier of crude oil, after Saudi Arabia, delivering 1. 11bn, against the overall value of $10. 1bn acquisition of Ferro by Prince International. 36bn, against the overall value of $22bn recorded for the month. Large-scale oil and gas M&A deal-making got a boost in January from a pair of billion-dollar acquisitions by New Fortress Energy Inc. Nigeria registered the highest value of mergers and acquisitions (M&A) deals in the oil and gas sector in Africa between April 2021 and March 2022. 5bn was the biggest oil and gas deal announced in 2023. The top five oil & gas industry deals of May 2021 tracked by GlobalData were: 1) EQT ’s $2. nj rr hb do bs zd cr bg lt pm