Despite some planned mega-mergers, market uncertainty meant few companies were willing to join forces in last year’s weakened energy economy, analysis finds. An emailed report from consultant firm IHS found the value of merger and acquisitions in the oil and gas sector declined 22 percent last year to $143 billion. That’s despite the planned $85 billion merger outlined in 2015 by Royal Dutch Shell and BG Group. “Unstable oil prices caused outlook uncertainty in 2015, and this lack of stability, a key ingredient for buyers and sellers to reach consensus, caused fewer deals to be reached,” Christopher Sheehan, director of merger and acquisition research at IHS, said […]