May 29, 2024 ConocoPhillips to buy Marathon Oil in $22.5 billion deal—another energy megamerger The U.S. oil and gas industry has been riding a consolidation wave over the past two years. BY Reuters ConocoPhillips on Wednesday agreed to buy Marathon Oil in a $22.5 billion deal, the latest in a series of mega-mergers in the oil … Continue reading ConocoPhillips to buy Marathon Oil in $22.5 billion deal—another energy megamerger →