Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
HPI Market Data Book 2026: Global construction – Americas
Capex is concentrated in gas processing and LNG in the US, while in Canada the reverse is true
Canadian producers positioned to ride out the downcycle
The country’s upstream players have demonstrated resilience to low oil prices and are well positioned to prosper despite a volatile market
Baker Hughes calls for new energy truths
CEO Lorenzo Simonelli demands world must ‘rewrite the energy equation together’ amid relentless demand growth, the desire to improve affordability and accessibility, and to lower emissions without hurting supply
Kuwait: Global reach, petroleum heart
As KPC deepens international partnerships, expands capacity and builds on breakthrough offshore success, Shaikh Nawaf S. Al Sabah says oil interdependence—not self sufficiency—will define the energy system for decades to come
Canada's oil growth optimism
Companies are bullish despite combined effect of market volatility, tariff threats, regulatory issues and midstream constraints
Oil price weakness set to curb large-scale M&A
Companies will continue shifting more towards gas, where the outlook is stronger
Canada’s Asian pivot faces hurdles
The federal government is working with Alberta to improve the country’s access to Asian markets and reduce dependence on the US, but there are challenges to their plans
Explainer: What do Russia’s oil giants own overseas?
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
Alberta’s energy hub sees silver lining
US tariffs bolster Alberta’s Industrial Heartland exports to Asia
Eni: Success through satellites
The Italian firm is unique among IOCs in setting up entities specialising in particular regions and low-carbon technologies, creating greater flexibility in attracting investment
Canadian has seen a significant jump in M&A activity
Canada Corporate
Vincent Lauerman
5 December 2023
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Canadian producers riding another M&A wave

Low debts levels and the advantages of larger companies among the reasons for the rise in activity

The Canadian oil patch has seen a significant jump in M&A activity this year, nearing levels seen during the Covid pandemic, but for very different reasons. And assuming relatively strong oil, gas and equity prices continue, activity is expected to remain at heightened levels for the foreseeable future, although deals involving unconventional resource plays should gain precedence over the oil sands. “A number of factors have been driving the recent uptick in M&A activity in the Canadian oil patch,” Scott Barron, head of Calgary investment banking for TD Securities, told Petroleum Economist. “Higher oil and gas prices have been positive for revenues and cash flow, contributing to extr

Also in this section
Trump’s bid to reshape the global energy order
10 March 2026
From Venezuela to Hormuz, the US—backed by the most powerful military force ever assembled—is redrawing not only oil and gas flows but also the global balance of energy power
The diesel crisis
10 March 2026
By shutting the Strait of Hormuz, Iran has cut exports of distillate-rich Middle Eastern crude, jet fuel and diesel, and is holding the energy market hostage
Navigating the next LNG cycle
10 March 2026
Eni’s director for global gas and LNG portfolio, Cristian Signoretto, discusses how demand will respond to rising LNG supply, and how the company is expanding its own gas and LNG operations through disciplined, capital-efficient investments
OPEC+ boosted production before crisis
9 March 2026
Petroleum Economist analysis sees increases in output from Saudi Arabia, Venezuela and Kazakhstan among others before region’s murky descent

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search