The world energy sector saw merger and acquisition activity in 2024, driven by changing market dynamics and strategic shifts. Although total deal value declined to $26 billion from $60 billion in 2023, 2024 stood out for notable consolidations and acquisitions.

Significant deals included major players such as Diamondback Energy, ConocoPhillips, EQT Corporation, Expand Energy, and Sunoco LP, demonstrating the sector's strategic focus on growth and efficiency.

Looking ahead to 2025, the energy market is set for further transformation, with geopolitical uncertainties, regulatory changes, and technological innovations likely to present new opportunities and challenges for the entire industry.