Exxon
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Business
Big Oil’s Winning Streak Forces Activist Investors to Regroup
Climate-focused shareholders are rethinking their tactics ahead of this week’s annual meetings at Exxon Mobil and Chevron.
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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 to reduce oil production.
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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 the coast of Guyana.
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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 Energy Agency’s predictions of declining oil demand are wrong.
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World
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 off a wave of consolidation throughout the oil sector. Combined, Exxon and Pioneer would be the largest producer of oil and natural gas ...
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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 the Permian basin in Texas and New Mexico.
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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 already fading.