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ConocoPhillips and Marathon Oil announced a $22.5 billion merger, enhancing ConocoPhillips' U.S. shale assets, providing earnings, cash flow, and shareholder distribution benefits.
Energy giants hold annual meetings as ConocoPhillips announces plan to buy Marathon Oil in $17.1bn deal
ConocoPhillips announced plans to acquire Marathon Oil Corporation through an all-stock transaction valued at $22.5 billion, including $5.4 billion in net debt.
Two members of Congress are urging the Justice Department to investigate the fossil fuel industry, We have our own suggestion.
Center for Biological Diversity: Measure Ramps Up Plugging Duties for Oil Industry