ConocoPhillips

Photo

ConocoPhillips to Acquire Marathon Oil

US oil and gas giant ConocoPhillips has reached a definitive agreement to acquire Marathon Oil for $22.5 billion, including net debt of $5.4 billion. The transaction, which is subject to the approval of Marathon Oil stockholders, regulatory clearance and other customary closing conditions, is expected to close in the fourth quarter of 2024.

Photo

Qatar Awards first North Field Contracts

The emirate of Qatar has begun signing agreements with US and European energy majors for the country’s planned $30 billion expansion of its North Field, which is believed to harbor the world’s largest natural gas reserves. TotalEnergies is taking the top slot.

6 more articles

Virtual Event

High Performance Food Production
Perfection Starts in the Tank

High Performance Food Production

On Demand | Optimize your food production with smarter mixing—join the Ystral seminar to discover 20 real-world applications that cut processing times, reduce costs, and boost product quality.