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.
Fragile Global Economy Faces New Crisis in Israel-Gaza War
Posted inBanga, Ajay China Economic Conditions and Trends Europe European Central Bank European Union Federal Reserve System Foreign Investments Gaza Strip Global Warming Hamas Inflation (Economics) Interest Rates International Monetary Fund International Relations International Trade and World Market Israel Israel-Gaza War (2023- ) Oil (Petroleum) and Gasoline Politics and Government Prices (Fares, Fees and Rates) Russian Invasion of Ukraine (2022) Supply Chain Treasury Department United States United States Economy World Bank

Fragile Global Economy Faces New Crisis in Israel-Gaza War

A war in the Middle East could complicate efforts to contain inflation at a time when world output is “limping along.”