Exxon Reportedly in Advanced Talks to Buy Pioneer Natural Resources
Exxon Mobil is in advanced talks to acquire ...
Exxon Mobil is in advanced talks to acquire Pioneer Natural Resources in a $60 billion deal that would reshape the Permian Basin landscape, people familiar with the matter said on Oct. 5.
The deal could just as easily fall apart, according to various media reports.
If consummated, the acquisition would be Exxon's biggest since its $81 billion deal for Mobil in 1998 and would expand its footprint in one of the most lucrative regions of the U.S. oil patch.
BP's first landfill-to-gas facility enters service
BP has launched its first renewable natural gas plant in Medora, Indiana, with plans to bring five more...
BP has launched its first renewable natural gas plant in Medora, Indiana, with plans to bring five more such facilities online by the end of the year. The new plant uses a modular design and is equipped to process around 3,200 cubic feet per minute of landfill gas into renewable natural gas.
U.S. employers added 336,000 jobs in September, an upswing in hiring that shows the labor market...
U.S. employers added 336,000 jobs in September, an upswing in hiring that shows the labor market remains strong.
Norwegian playwright Jon Fosse won the Nobel Prize in Literature. Congrats to Jon—and to whoever bet on him to win at 5/1 odds.
Elon Musk demanded that X remove story headlines from posts in another blow to the platform’s usability.
Ozempic could be linked to three severe stomach conditions, including bowel obstruction, according to a new study.
Constellation Brands beat revenue estimates thanks to the growth of its Modelo brand, which has overtaken Bud Light as the top-selling beer in the US.
Pat Fitzgerald, the Northwestern football coach who was fired following a hazing investigation into the program, is suing the school for $130 million for wrongful termination.
His administration is waiving 26 federal laws to allow for the construction of a border wall in South Texas. Homeland Security Secretary Alejandro Mayorkas said there is “an acute and immediate need” to build physical barriers in Starr County, where 245,000 illegal entries have been recorded so far this year, according to government data. President Biden maintained his position that a wall is ineffective but said he was left with no choice but to allow up to 20 miles to be built because Congress allocated funding specifically for it in 2019. “They have to use the money for what it was appropriated,” Biden told reporters. “I can’t stop that.”
Benchmark U.S. crude oil for November delivery fell $1.91to $82.31 a barrel Thursday. Brent crude for December delivery fell $1.74to $84.07 a barrel.
Wholesale gasoline for November delivery fell 1 centto $2.19 a gallon. November heating oilfell 15 centsto $2.87 a gallon. November natural gasrose 21 cents to $3.17 per 1,000 cubic feet.