Asian oil and gas M&A in the doldrums

Oil price volatility and management changes at Chinese majors have seen deal flow turn sluggish, making it difficult for even small firms to ink agreements.

Asian firms on the lookout for acquisitions hoped the steep drop in oil prices would create new opportunities, but dealmakers say oil price volatility and senior managment changes at China's national oil companies have taken the gas out of the sector's regional M&A activity. 

¬ Haymarket Media Limited. All rights reserved.

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