[ad_1] Jan. 11, 2024 12:04 pm ET Chesapeake Energy’s merger with Southwestern Energy would create the largest natural-gas-focused producer in the U.S. It also creates an investment story that is…
Tag: Exxon Mobil
Exxon Mobil Expects Up to $2.6 Billion in Upstream Impairments
[ad_1] Exxon Mobil is expecting up to $2.6 billion in impairments in the fourth quarter for its upstream business, mostly related to idled assets in California. The oil and gas…
FTC Investigates Exxon’s $60 Billion Deal for Pioneer
[ad_1] Updated Dec. 5, 2023 5:25 pm ET U.S. antitrust enforcers are investigating Exxon Mobil’s plan to acquire Pioneer Natural Resources, which would be the largest oil-and-gas deal in two…
American Oil—Good to the Last Drop?
[ad_1] How low can they go? U.S. shale developers have been on a relentless chase to drill for oil as cheaply as possible. With plenty of cash in their pockets…
Israeli Private Detective Gets Nearly Seven Years in Prison for Hacking Scheme
[ad_1] An Israeli private detective was sentenced to nearly seven years in prison Thursday for his role in a hacking-for-hire scheme that involved attempts to discredit investigations into whether Exxon…
These Oil Giants Don’t Seem Tempted by Merger Mania
[ad_1] Shell and BP say they aren’t feeling pressure to bulk up after Exxon Mobil and Chevron’s multibillion-dollar deals. [ad_2] Source link
Why Exxon and Chevron’s Deals Leave Investors Cold
[ad_1] U.S. oil majors Exxon Mobil and Chevron are good at squeezing hydrocarbons out of the ground. Digging for extra Brownie points from investors has been tougher. The companies have…