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Global Oil and Gas M&A in 2021 and Its Prospect

Global Oil and Gas M&A in 2021 and Its Prospect

作     者:Hou Mingyang Hou Mingyang

作者机构:Sinopec Exploration&Production Research Institute 

出 版 物:《China Oil & Gas》 (中国油气(英文版))

年 卷 期:2022年第29卷第1期

页      面:39-44页

学科分类:02[经济学] 0202[经济学-应用经济学] 

主  题:OPEC driving recording 

摘      要:Overview of global oil and gas M&A in 2021.In 2021,under the combined influence of factors such as the resurgence of COVID-19 all over the world and the failure of OPEC+to reach a production agreement,WTI and Brent,two international benchmark oil prices,showed an overall volatile upward trend.They climbed from US$50/bbl at the beginning of the year to the peak of approximately US$90/bbl,an increase of more than 70%and recording a high level in the past seven years,and stayed at around US$75/bbl at the end of the year,driving a strong rebound in the global oil and gas M&A activity.

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