
Oil giant ConocoPhillips to buy Marathon Oil in $17.1bn deal
Oil and gas companies, Business, Energy industry, Oil Business | The Guardian Takeover is latest by a US conglomerate gambling on fossil fuel production as profits surge on rising energy pricesConocoPhillips is to buy Marathon Oil in an all-stock deal valued at about $17.1bn as profits at big oil giants surge on rising energy prices.It is…