Frank Aquila discusses oil and gas M&A trends

Sullivan & Cromwell has published a news item highlighting Frank Aquila’s Q&A with Financier Worldwide Magazine on M&A activity in the oil and gas sector.

• Aquila discusses sector trends including a shift toward “value over volume” after a wave of megadeals, and how AI and data center power demand are reframing gas as a balancing fuel for the digital economy.
• He also says national oil companies and sovereign capital are moving from “passive partners to architects of deal structures.” The page includes a link to the Financier Worldwide article and a link back to S&C’s news post dated July 23, 2026.