Global uncertainties threaten energy M&A activity

Political and economic uncertainty could hinder pending or potential merger and acquisition activities among global energy companies.Nevertheless, the oil and gas industry remains under pressure to consolidate in order to lower costs and increase access to production.Those are the main findings of a new study by PricewaterhouseCoopers' global energy and utilities group. Rick Roberge, a transaction services partner, noted, "The energy industry faces enormous pressure to lower costs, increase efficiencies, and increase shareholder returns. But, at the same time, the industry is inevitably sensitive to larger geopolitical issues."More stability will be required before any further transac...

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