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Maroc Maroc - CYPRUS-MAIL.COM - A la Une - 21/Aug 03:40

Energy sector deal spending jumps 57 per cent to $49.2 billion in 2023

Dealmaking activity in the oil and gas industry increased 57 per cent last year as energy companies boosted development spending, driven by higher cash flows from profits in prior years, according to a report released on Tuesday. Top energy companies spent $49.2 billion on mergers and acquisitions in 2023, up from $31.4 billion in 2022, […]

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