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CORPORATE STRATEGY

More Gas Likely to Flow From Permian After Conoco-Shell Deal

Copyright © 2021 Energy Intelligence Group
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ConocoPhillips' plans to buy Royal Dutch Shell's Permian Basin assets for $9.5 billion in cash is sure to increase the volume of associated gas flowing from the basin — and it's unlikely that any of that gas will be unnecessarily flared given Conoco's commitment to reduce emissions.

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