XOM

Exxon Buys Pioneer for $60 Billion to Create Shale Giant

The deal is Exxon’s largest since its merger with Mobil in the late 1990s and is the biggest corporate transaction…

1 year ago

The Oil Patch Is Primed for an Era of Megadeals

A tie-up between Exxon and Pioneer would put pressure on Chevron and other rivals to pursue deals of their own.…

1 year ago

Oil is Near $100. Shale Isn't Coming to the Rescue.

Frackers are constrained by investor payouts, inflation and interest rates, keeping spending in check. Source link

1 year ago

Inside Exxon’s Strategy to Downplay Climate Change

Listen to article(2 minutes)Exxon Mobil issued its first public statement that burning fossil fuels contributes to climate change in 2006,…

1 year ago

Exxon and Chevron Stalk More Shale Deals as Profits Dip

The oil giants together added $14 billion in profits to their cash piles and have signaled they’re not finished shopping…

2 years ago

This Arkansas Town Could Become the Epicenter of a U.S. Lithium Boom

Near the quiet town of Magnolia, companies including Exxon Mobil are working out how to extract lithium from brine water…

2 years ago

Exxon Mobil Buys Pipeline Operator, Making Big Bet on Carbon

Exxon Mobil is buying pipeline operator Denbury for almost $5 billion, a big bet by the oil giant on the…

2 years ago

Fossil-Fuel Veterans Find Next Act With Green Hydrogen

Executives see similarities between the nascent industry and the early days of liquefied natural gas. Source link

2 years ago

Exxon CEO's Pay Jumps 52% Amid Rising Oil Prices, Record Profit

Darren Woods’s total compensation includes stock awards of $24.9 million and a nearly $6.4 million bonus. Source link

2 years ago

Exxon Deal Hunt Signals Possible Shale M&A Wave

A transaction involving Pioneer Natural Resources would indicate that drillers are looking to put their large war chests of cash…

2 years ago