M&A Activity Expected to Decrease in Canada – Insights
After successfully completing a management buyout, Mazarine is looking towards the future with optimism. The independent company is now focused on expanding its operations to reach new milestones.
In Canada, M&A activity is expected to slow down after a surge in consolidation in 2024. While the previous year matched the levels of previous years, there is less confidence in a repeat performance in 2025.
Petroleum Economist’s own Paul Hickin has been recognized by Cititec as one of the top 50 voices in commodities to follow. As the editor-in-chief, he continues to provide insightful perspectives on the industry.
A wave of divestment deals within the oil and gas industry in sub-Saharan Africa has gained momentum. Several companies have completed transactions involving mature upstream assets, marking a significant development in the region.
Gunvor is actively seeking opportunities for mergers and acquisitions as oil prices stabilize. The chairman, Torbjorn Tornqvist, sees potential for growth in the current market conditions.
Despite challenges, Angola aims to achieve an IPO for state-owned oil giant Sonangol by 2026. The country must navigate the legacy of the former regime to realize this ambitious goal.
At the Dii summit, experts discussed carbon pricing and fossil fuel subsidies in the MENA region. The conversations highlighted the importance of transitioning towards cleaner energy sources.
During the Dii Desert Energy Leadership Summit, keynotes emphasized progress made in clean energy over the past 15 years. Strategies to accelerate the adoption of renewable energy were also outlined during the event.
Outstanding innovators in the industry were celebrated at the Gulf Energy Information Excellence Awards gala in Houston. Achievements in digital transformation and sustainability were recognized, showcasing the industry’s top performers.
The increasing gas production in the Bakken region presents an opportunity for growth rather than a challenge. As the gas-to-oil ratio continues to rise, new markets and midstream infrastructure plans are in place to support this trend.