Renewable deals hit new heights in 2017

Renewable growth propelled power and utilities mergers and acquisitions to eight-year highs in 2017, both in terms of value and volume. According to business services firm EY, this figure reached $200 billion (£143.4bn) across 516 deals over the year, with around $43 billion (£30.8bn) of this figure made up from low carbon energy sources such as […]

Oil & gas deals hit five-year low in 2017

The volume of global oil and gas deals hit a five-year low in 2017. That’s according to a new report from business services firm EY, which found the total value of global transactions fell to $343 billion (£247bn) from $390 billion (£281bn) the year before. Despite a 21% increase in single deals of more than $1 […]

Oil and gas mergers and acquisitions to increase

Mergers and acquisitions (M&A) in the global oil and gas industry are set to increase as oil price expectations stabilise. A new report reveals a sharp pick-up in deals announced at the end of last year, however 45% of the $850 billion (£644bn) worth of transactions declared since January 2016 are still said to be […]

Energy firms seek smart tech takeovers

Around 90% of energy companies are actively seeking a smart technology joint venture or acquisition. That’s according to law firm Pinsent Masons, which suggests these firms want to adapt their business models to keep up with changing consumer behaviours, shifting government policies and to improve security of supply for the future. The survey of 250 […]

UK oil and gas sees £4.6bn of deals in first half of 2017

Around £4.6 billion of mergers and acquisitions took place in the UK’s oil and gas sector in the first half of 2017. That’s according to a new report from Oil & Gas UK, which says this is a strong vote of confidence for industry, which has faced a significant downturn in recent years. The report […]

Decline in power deals in 2012 but ‘robust outlook’ ahead

The value of deals within the power and utility sector decreased by 16.8% in 2012 due to continued low natural gas prices and global economic uncertainty. A quarterly report from Ernst & Young (E&Y) showed the values of mergers and acquisitions (M&A) in the sector declined from $144.7 billion (£91.5bn) in 2011 to $120.4 billion […]