Oil and Gas
U.S. Upstream Oil & Gas M&A Plummets in Q3 2025 Amidst Persistently Low Crude Prices
The U.S. upstream oil and gas sector witnessed a significant and concerning downturn in mergers and acquisitions (M&A) activity during the third quarter of 2025. Deal values plummeted to a mere $9.7 billion, marking the third consecutive quarterly decline and extending a trend that saw a