ConocoPhillips to acquire US shale player Marathon

Deal worth $22.5 billion will be latest in a string of oil and gas mergers

ConocoPhillips chief executive Ryan Lance taking the stage in Houston earlier this year.
ConocoPhillips chief executive Ryan Lance taking the stage in Houston earlier this year.Photo: AFP/SCANPIX
Published 29 May 2024, 08:33Updated 30 May 2024, 06:23
ConocoPhillipsMarathon OilEndeavor Energy ResourcesAmericasNorth America