Russia, Japan May Join Global Race for U.S. Oil and Gas Assets

U.S. and Canadian oil and natural-gas companies are outpacing last year’s $122.5 billion in mergers and acquisitions, with sales announced so far this year valued at $19.2 billion more than in the same period last year, according to data compiled by Bloomberg.

So far, U.S. and Canadian oil and gas companies have sold assets in 85 transactions valued collectively at $28.5 billion.