ConocoPhillips is still betting on the production of oil and gas as the company that had its origins in Oklahoma announced Wednesday it is acquiring Marathon Oil Corporation in a more than $22 billion deal. Now headquartered in Houston, the company describedthe deal as an all-stock transaction with an enterprise value of $22.5 …
May 29, 2024 archive
Energy briefs
** The Biden administration on Tuesday announced new guidelines for ensuring the integrity of carbon credits or offsets. Individuals, businesses and other entities can buy these credits to try to “offset” their emissions as part of an effort to achieve net-zero. This can entail things like paying organizations toplant trees or prevent them from being cut down. ** ConocoPhillips …
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