Workers Will Pay the Price of Oil Industry Consolidation – Houston Chronicle
Mergers and acquisitions are sweeping the oil and gas industry, creating increasingly larger companies that can better withstand boom and bust cycles in the crude market. The $ 9.7 billion takeover of Concho Resources by ConocoPhillip and the $ 4.5 billion lawsuit of Parsley Energy by Pioneer Natural Resources – both announced this week – […]
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