Shell's (RDS.A) acquisition of East Resources is the second-biggest oil and gas deal this year,...


Shell's (RDS.A) acquisition of East Resources is the second-biggest oil and gas deal this year, after BP's (BP) acquisition of deepwater assets from Devon Energy (DVN) for $7B in March. Last December, ExxonMobil (XOM) agreed to buy XTO Energy (XTO), the No. 1 U.S. natural gas producer, for $31B.

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