Oil and gas has $500 billion for M&A

I recently wrote an article on how large firms continue to grow through M&A here.  A recent article in World Oil reinforces my claim that this is the season for M&A:

"Exxon Mobil Corp. tops the list with a total of $320 billion for potential acquisitions. Chevron is next with $65 billion in cash and its own shares tucked away, followed by BP Plc with $53 billion, according to data from corporate filings compiled by Bloomberg."

Read the complete article here.