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ConocoPhillips considers selling Permian assets worth $2 billion, Bloomberg News reports By Reuters
ConocoPhillips is reportedly exploring the sale of some of its Permian Basin assets as part of a portfolio streamlining effort. These assets, acquired through previous deals with Concho Resources and Shell, are expected to be valued at approximately $2 billion. The potential sale was reported by Bloomberg News, citing unnamed sources familiar with the matter.