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Another Big Oil Deal Despite Regulatory Pushback and Market Volatility

Authors :
Sorkin, Andrew Ross
Mattu, Ravi
Warner, Bernhard
Kessler, Sarah
De La Merced, Michael J.
Hirsch, Lauren
Livni, Ephrat
Lee, Edmund
Source :
The New York Times (Digital Edition). May 29, 2024
Publication Year :
2024

Abstract

ConocoPhillips has agreed to buy Marathon Oil for $22.5 billion, as consolidation in the U.S. energy sector shows little sign of slowing down. Another mega oil deal Bullish https://www.bloomberg.com/news/articles/2024-04-07/are-oil-prices-heading-to-100-this-summer-as-a-global-shortage-takes-hold may [...]

Details

Language :
English
Database :
Gale General OneFile
Journal :
The New York Times (Digital Edition)
Publication Type :
News
Accession number :
edsgcl.795675910