Abstract
This paper delves into the transformative role of mergers and acquisitions (M&A) in the oil and gas industry from 1970 to 2024, spotlighting their pivotal impact on sustainability, energy transition, and decarbonization. Through a comprehensive life cycle analysis (LCA) across different eras, the study reveals how strategic M&A activities have revolutionized the industry's approach to sustainable energy practices. By facilitating diversification, fostering technological innovation, and enhancing operational efficiencies, M&As have been instrumental in driving the global shift towards a cleaner and more resilient energy future.
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