Oil Companies Expand Offshore Drilling, Pointing to Energy Needs

Oil Companies Expand Offshore Drilling, Pointing to Energy Needs

Shell and others say they plan to drill for oil and gas in the Gulf of Mexico in part because doing so releases fewer greenhouse gases than drilling on land.
F.T.C. Clears Exxon Mobil’s Acquisition of Pioneer Natural Resources

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.