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https://www.barrons.com/articles/conoco-shell-deal-shows-the-split-between-european-and-u-s-oil-51632173053
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European and American oil companies are taking very different approaches to the future of energy.
ConocoPhillips (ticker: COP) has made one of the largest deals in energy in the past year, agreeing to buy Royal Dutch Shell‘s (RDS.B) assets in the Permian Basin for $9.5 billion in cash.
Conoco is obtaining roughly 225,000 acres and producing…
