The U.S. energy market is undergoing a seismic shift characterized by a flurry of multibillion-dollar mergers among major oil companies. This wave of consolidation is reshaping the industry, with significant implications for production capacities, competitiveness and the future landscape of energy markets. Let's delve into some of the notable mergers and acquisitions that are making waves in the energy sector. Megamergers Shaping the Industry Exxon Mobil Corporation's (XOM) $59.5 billion acquisition of Pion ...