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Oil giants Exxon, Chevron lean on big-ticket deals to build bigger reserves

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Cash-rich Exxon Mobil (XOM.N), opens new tab and Chevron (CVX.N), opens new tab are bolstering their oil and gas drilling inventory with multi-billion-dollar takeovers as they bet on resilient demand for years to come. The consolidation wave sweeping through the U.S. energy sector that spurred deals worth $250 billion in 2023 shows no signs of ...

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