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A massive oil merger is about to happen in California—and taxpayers could be on the hook for billionsIn a letter to the California Geologic ... enough to cover cleanup costs. If the merger goes through, the company will own roughly 40% of all unplugged oil wells in California, many in the lower ...
announces that KOSK and Global Oil & Gas Recovery Corp. (GlobalOG) signed a Letter of Intent to begin the Merger process. The Principals of the Company and GlobalOG are excited to implement its ...
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Marathon Oil to lay off more than 500 at Houston office after ConocoPhillips mergerMarathon Oil will lay off more than 500 people as result of its $22.5 billion merger with oil giant ConocoPhillips, the company said in a letter to the Texas Workforce Commission this week.
Exxon, already America’s biggest oil company, reached a deal ... the transactions if necessary. In the letter, the Senate Democrats argue past mergers that helped create Exxon and Chevron ...
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