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US greenlights Exxon-Pioneer deal, alleges shale founder colluded with OPEC

U.S. regulators gave the go-ahead on Thursday to Exxon Mobil s $60 billion purchase of Pioneer Natural Resources, but barred Pioneer s former CEO from Exxon s board on allegations he attempted to collude with OPEC to raise oil prices. ....

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Chesapeake, Southwestern delay merger closing after FTC seeks more information

Chesapeake Energy and Southwestern Energy said on Friday the closing date of their proposed $7.4 billion merger has been pushed back to the second half of the year after receiving a U.S. regulator s second request for information. ....

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Australia iron ore, LNG ports clear ships amid cyclone warning

Ex-tropical cyclone Lincoln is expected to intensify back to cyclonic strengths on Thursday night hitting Australia s northwest, the country s weather bureau said, as ports across the region began clearing ships from the site. ....

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Eni beats Q4 profit forecasts helped by favourable arbitration

Italian energy group Eni on Friday reported fourth-quarter adjusted net profit of 1.64 billion euros ($1.8 billion), beating analysts expectations, helped in part by a positive arbitration outcome. ....

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