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ConocoPhillips

Energy & Commodities

US oil companies say they need guarantees to invest in Venezuela: FT

After a string of acquisitions in recent years, including Marathon Oil for US$22.5 billion last year, ConocoPhillips lost focus on controlling costs, CEO Ryan Lance told employees last week.
Energy & Commodities

ConocoPhillips’ deep layoffs highlight need for capital discipline, analysts say

The transaction, which includes US$5.4 billion of Marathon’s debt, is expected to close in the fourth quarter of 2024.
Energy & Commodities

ConocoPhillips to buy Marathon Oil for US$22.5 billion in latest energy merger

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