- Oil and gas players are finally inking new mergers and acquisitions, after nearly two years of moribund deal activity.
- Deal-making hit a soft spot following the 2014 oil bust as banks tightened lending to distressed drillers and buyers and sellers remained at odds over the value of energy assets.
- Through the first two weeks of November, upstream oil and gas deal-making hit $56.7 billion, compared with $26.8 billion seen in the same period last year.
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