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Permian Basin leads more than $50 million in oil and gas mergers so far in 2024
The basin in southeast New Mexico and Texas accounted for 60 percent of U.S. fossil fuel merger and acquisitions. Read More
Permian deals push oil and gas mergers and acquisitions to record start in 2024, but slowdown ahead
Upstream merger and acquisition activity was off to a record start in 2024, but there are signs momentum has slowed. Read More
Exxon Mobil reaches agreement with FTC, poised to close $60 billion Pioneer deal
The FTC will not block the deal now that the regulator and Exxon have reached a consent agreement, according to a source familiar with the matter. Read More
ExxonMobil secures electric frac fleets for Permian basin work
ExxonMobil Corp. has let a three-year hydraulic fracturing services agreement to ProPetro Holding Corp. to provide electric hydraulic fracturing services to in the Permian basin. ExxonMobil Corp ... Read More
Exxon Mobil deal with Pioneer gets FTC nod, but former Pioneer CEO Scott Sheffield barred from board
Exxon Mobil’s $60 billion deal to buy Pioneer ... to pay more at the pump. The deal with Pioneer vastly expands Exxon’s presence in the Permian Basin, a huge oilfield that straddles the ... Read More
Exxon to Close Pioneer Deal
Want more news ... deal will combine two fast-growing Permian operations, lifting Exxon’s production in the basin to about 2 million barrels of oil equivalent a day by 2027, up from about ... Read More
Chevron CEO: Permian, D-J Basin Production Fuels US Output Growth
Supermajors Chevron and Exxon ... s $6.3 billion acquisition of Colorado producer PDC Energy last year, deepening the company’s footprint in the Denver-Julesburg (D-J) Basin. Read More
Exxon Mobil reaches agreement with FTC, poised to close $60 billion Pioneer deal
Exxon first announced the deal for Pioneer in October, in an all-stock transaction valued at $59.5 billion. Exxon said the acquisition would more than double its production in the Permian Basin. Read More
Exxon Mobil reaches agreement with FTC, poised to close $60 billion Pioneer deal
The agreement was first reported by Bloomberg News. Exxon first announced the deal ... $59.5 billion. Exxon said the acquisition would more than double its production in the Permian Basin. Read More
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