ConocoPhillips has announced the purchase of Permian-focused driller Concho Resources in a $9.7bn...
ADNOC receives Abu Dhabi’s SPC approval to invest $122bn from 2021 to 2025
UAE state-owned oil company Abu Dhabi National Oil Company (ADNOC) secured approval from Abu Dhabi’s Supreme Petroleum Council (SPC) to invest AED448bn ($122bn) over next five years, from 2021 to 2025, to expand the region’s hydrocarbons sector.
ConocoPhillips to buy Concho Resources in 2020’s biggest oil deal
ConocoPhillips has announced the purchase of Permian-focused driller Concho Resources in a $9.7bn deal, considered the largest shale deal this year, following choppy market conditions and slowdown resulting from the Covid-19 pandemic.
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