Despite Decline in Oil & Gas Mergers, $150 Billion in Unsustainable Investments Persist

Following a surge in environmentally detrimental US shale consolidations, merger and acquisition (M&A) activity within the oil and gas sector is anticipated to decelerate in 2025. Despite this downturn, the industry stubbornly holds onto a $150 billion deal pipeline, highlighting the ongoing financial prioritization over urgent climate change concerns and the necessity for a significant shift towards renewable energy investments.