ConocoPhillips agrees to buy Marathon Oil in $22.5 billion deal
Unlock editor summary for free Rula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. ConocoPhillips has agreed to buy rival Marathon Oil in an all-stock deal that values the Houston-based company at $22.5 billion, including debt, as a wave of consolidation continues to sweep the U.S. oilfield. The acquisition will … Read more