Refining & Downstream

Reading the Deal Flow: What Oil and Gas M&A Patterns Reveal About Where the Sector Is Heading

Merger and acquisition activity across the petroleum sector surged in 2023 and carried considerable momentum into 2024, with several landmark transactions reshaping the competitive landscape. PetroMar Survey analyzes deal volume, valuation metrics, and acquirer profiles to identify the strategic logic driving consolidation — and what it signals for operators, investors, and downstream participants navigating an industry at an inflection point. The data suggests a sector that is simultaneously he

Sep 30, 2026

Portfolio Realignment in the Petroleum Sector: Capital Strategy and the Long Road to Energy Transition

Oil and gas companies are under mounting pressure to articulate credible long-term strategies that balance hydrocarbon profitability with transition-era investments in renewables, carbon capture, and hydrogen. PetroMar Survey analyzes where capital is actually flowing, which business models are gaining traction among institutional investors, and what the emerging data suggests about the sector's competitive landscape heading into 2025 and beyond.

Sep 30, 2026

Squeezed at the Gate: Mapping the Margin Compression Facing US Refiners in a Turbulent Supply Environment

US refinery operators entered 2024 facing a convergence of pressures that few anticipated in their annual planning cycles: softening crack spreads, mandatory renewable fuel blending obligations, and volatile crude differentials driven by geopolitical disruption in key export regions. PetroMar Survey's latest refinery operator sentiment data reveals a downstream sector navigating margin compression with uneven success across coastal and inland processing centers. Understanding which regional mark

Sep 30, 2026