The U.S. oil and gas industry has been riding a consolidation wave over the past two years. ConocoPhillips on Wednesday agreed to buy Marathon Oil in a $22.5 billion deal, the latest in a series of mega-mergers in the oil and gas industry as companies look to bolster reserves.
ConocoPhillips to buy Marathon Oil in $22.5 billion deal--another energy megamerger
Fast Company - 29 May 2024 17:10
The U.S. oil and gas industry has been riding a consolidation wave over the past two years. ConocoPhillips on Wednesday agreed to buy Marathon Oil in a $22.5 billion deal, the latest in a series of mega-mergers in the oil and gas industry as companies look to bolster reserves.
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