Wave of deals puts US shale oil back in focus

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9 months ago

NEW YORK, United States —American shale oil is back at the center of the global petroleum game, a driver of major deals involving petroleum giants more inclined to buy up rivals than to undertake wildcat exploration. On Monday, Diamondback Energy announced the $26 billion acquisition of Endeavor Energy, combining two of the top 10 producers

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deals

shale

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