Exxon

Business

F.T.C. Clears Exxon Mobil’s Acquisition of Pioneer Natural Resources

The Federal Trade Commission will bar Pioneer’s chief executive, Scott Sheffield, from joining Exxon’s board, saying he colluded with OPEC…

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Business

Exxon Raises Questions About Chevron’s $53 Billion Deal for Hess

Exxon may try to upend its rival’s megadeal. The prize is a 30 percent stake in the oil-rich fields off…

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Business

Exxon Mobil Plans to Produce Lithium in Arkansas

The move is the oil giant’s first foray in the production of a metal vital for electric vehicle batteries.

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Business

Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns

Exxon Mobil and Chevron are spending tens of billions of dollars buying oil and gas assets, betting that the International…

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News

Exxon Mobil’s Pioneer Acquisition Is a Direct Threat to Democracy

Last week, Exxon Mobil agreed to buy Pioneer Natural Resources for $59.5 billion, in a move widely expected to set…

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Business

Exxon Mobil Strikes $60 Billion Deal for Shale Giant

The acquisition of Pioneer Natural Resources, Exxon’s largest since its merger with Mobil in 1999, increases the company’s presence in…

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Business

Oil Giants, After Surge in Profits, Are Wary About Spending

Economic and military uncertainty clouds the outlook for Exxon, Chevron and other energy companies, whose bonanza from high prices is…

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