Brazil to compete with the USA for soybean supplies to China in December. As the drought continues to threaten crops in the US, Chinese soybean imports from the US have recorded a significant year-on-year decline. According to BRS Dry Bulk, China, the largest global soybean importer, is increasing imports from Brazil due to lower prices […]
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ConocoPhillips to Acquire Marathon Oil in Major $17 Billion Deal
ConocoPhillips is set to acquire Marathon Oil for $17 billion in an all-stock deal, marking a major consolidation in the U.S. oil and gas industry. ConocoPhillips operates in 14 countries and is a major global energy company. Marathon Oil focuses on U.S. shale, enhancing innovation and efficiency. This acquisition will expand ConocoPhillips‘ reach across U.S. […]
