Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns
Posted inBatteries Biden, Joseph R Jr Birol, Fatih Carbon Capture and Sequestration Chevron Corporation Corporations Electric and Hybrid Vehicles Exxon Mobil Corp Global Warming Greenhouse Gas Emissions Guyana Hess Corporation International Energy Agency Mergers, Acquisitions and Divestitures Natural Gas Nuclear Energy Oil (Petroleum) and Gasoline Permian Basin (North America) Pioneer Natural Resources Company Prices (Fares, Fees and Rates) Production Solar Energy Stocks and Bonds United States

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.
Exxon Acquires Pioneer Natural Resources for $60 Billion
Posted inCarbon Capture and Sequestration Carbon Dioxide Exxon Mobil Corp Global Warming Greenhouse Gas Emissions Guyana International Trade and World Market Mergers, Acquisitions and Divestitures Natural Gas New Mexico Oil (Petroleum) and Gasoline Pioneer Natural Resources Company Prices (Fares, Fees and Rates) Production Shale Stocks and Bonds Texas Woods, Darren W (1965- )

Exxon Acquires Pioneer Natural Resources for $60 Billion

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.