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.
A ‘Shadow’ Lending Market in the U.S., Funded by Insurance Premiums
Posted inBanking and Financial Institutions Blackstone Group, The Brookfield Asset Management Carlyle Group LP Dimon, James Federal-State Relations (US) KKR & Co LP Life Insurance Mergers, Acquisitions and Divestitures Private Equity Prudential Financial Inc Regulation and Deregulation of Industry

A ‘Shadow’ Lending Market in the U.S., Funded by Insurance Premiums

Apollo was the first to use annuities to build a major financing business. Others followed, driving the growth of the private lending market and worrying regulators.