The deal is Exxon’s largest since its merger with Mobil in the late 1990s and is the biggest corporate transaction…
Frackers are constrained by investor payouts, inflation and interest rates, keeping spending in check. Source link
Production cuts made by OPEC and its allies have pushed crude oil to 10-month highs. Source link
Energy Transfer said the purchase of rival Crestwood Equity Partners would benefit its natural-gas and crude-oil businesses by adding storage…
The oil giants together added $14 billion in profits to their cash piles and have signaled they’re not finished shopping…
Smaller fracking companies are feeling the pinch of inflation, lower oil and gas prices, and fewer prime drilling spots. Source…
A transaction involving Pioneer Natural Resources would indicate that drillers are looking to put their large war chests of cash…
WSJ News ExclusiveBusinessOil-and-gas giant has held informal, early-stage talks to buy the $49 billion-market cap Pioneer Natural Resources Source link