A New Chapter in United States Shale: Marathon Oil Becomes Part of ConocoPhillips

ConocoPhillips has completed its $22.5 billion acquisition of Marathon Oil, bringing together two key players in the US shale industry. The move strengthens ConocoPhillips’ position in major production areas like the Permian and Bakken and expands its presence in the upstream segment. With the deal, the company aims to improve efficiency, boost production, and stay…