ConocoPhillips and Marathon Oil Merge in $22.5 Billion Deal, Extending Industry Consolidation ConocoPhillips has agreed to acquire Marathon Oil for $22.5 billion, continuing a trend of major mergers in the oil and gas sector aimed at strengthening reserves. This follows a highly active year in the industry, with $250 billion in mergers and acquisitions in 2023, driven by a booming stock market and record U.S. oil production. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Global Markets Plunge as Economic Fear Sparks Worldwide Stock Market Rout READ MORE Consumer Price Growth Slows, Potential Relief for Fed Rate Decisions READ MORE Why the Anticipated 2023 Recession Never Came READ MORE De-Dollarization: Cross-Border Payment Platform to Include Currencies from Pakistan, India, and Chin READ MORE Nasdaq: Where are Precious Metals Prices Heading in Q2? READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment