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 Record Inflows Catapult Bitcoin Near All-Time Highs READ MORE U.S. National Debt Soars to Dizzying Heights, Joining Global Debt Pile-Up READ MORE What Is the London Fix Price? READ MORE Inverted Yield Curve Signals Caution, But Economic Strength Defies Predictions READ MORE Record Gold Prices Reshape Demand Landscape READ MORE Add a Comment Cancel replyYour email address will not be published.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