Jeff Currie

Jeff Currie is Chief Strategy Officer of Energy Pathways at Carlyle. Mr. Currie focuses on conducting analysis of commodity market trends and the evaluation of new investment opportunities across energy markets and the commodity supply chain central to the energy transition. Mr. Currie is the former Global Head of Commodities Research at Goldman Sachs, where he helped to build their commodities business. During his nearly three decades at the firm, he became one of the leading commodity market strategists on Wall Street, known for advising clients through the commodity “super cycle” of the 2000s, the shale supply shock of the 2010s, and most recently the twin shocks of the pandemic and the Russia-Ukraine war. Mr. Currie is a graduate of Pepperdine University and holds a Master of Arts Economics and a PhD in Economics from the University of Chicago.

Session Overview

Monday, 3 November

12:00

Finance & Investment Conference Room A 12:00 - 12:40

Trends and shifts in mergers and acquisitions: how to create sustained value

The total mergers and acquisitions (M&A) deal value reached $255 billion in 2024, largely driven by energy security concerns, decarbonisation efforts and demand for critical minerals. A significant proportion of these upstream deals focused on the consolidation of the US’ Permian Basin, with IOCs driving much of the activity. As high-quality acquisition targets become increasingly scarce, are we likely to see other basins and other industries – such as chemicals and renewables – follow suit? Having fallen short in the past, the energy sector needs a solution-focused approach to creating sustained value with M&A activity. A shift in energy-related M&A activity seems likely as joint ventures and other partnership types become more favourable, and NOCs continue to enter the space through new initiatives. But how will the landscape evolve?

Attendee insights:

Explore the M&A landscape with energy leaders and financial experts as our industry looks to rewrite the playbook on sustained value.