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https://www.barrons.com/articles/conoco-shell-deal-shows-the-split-between-european-and-u-s-oil-51632173053
Updated Sept. 20, 2021 5:30 p.m. ET / Original Sept. 20, 2021 5:24 p.m. ET
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European and American lipid companies are taking precise antithetic approaches to the aboriginal of energy.
ConocoPhillips (ticker: COP) has made 1 of the largest deals successful vigor successful the past year, agreeing to buy Royal Dutch Shell‘s (RDS.B) assets successful the Permian Basin for $9.5 cardinal successful cash.
Conoco is obtaining astir 225,000 acres and producing...
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