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Fossil fuel phase-out to spur M&A in 2024, while ESG is top litigation risk, say law firms

Oil rigs at sunset
The Clifford Chance report predicts that changing government policies will kick-start M&A activity in 2024 as oil and gas companies ‘reposition their portfolios’ (Photo: Andrey Rudakov/Bloomberg)

Law firms Clifford Chance and Baker McKenzie have placed ESG at the heart of their outlooks for 2024

The expected acceleration of the phase-out of fossil fuels will lead to an increase in asset sales and spin-offs as oil and gas companies reconfigure their portfolios, predicts law firm ...

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