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Exxon Closes $60B Pioneer Deal, Reshaping Permian Basin

After facing regulatory scrutiny, Exxon Mobil closed a roughly $60 billion acquisition of Pioneer Natural Resources. The largest shale oil transaction ever signed will reshape the order of power in the vast Permian Basin oil field. ....

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ExxonMobil, CNOOC merge Guyana arbitration claims against Chevron over Hess acquisition

The unified arbitration was approved after a March 26 application, according to a Hess letter to stockholders included in a Chevron regulatory filing on Thursday. Exxon and Beijing-based Cnooc, which own 45% and 25% of Stabroek, respectively, argue they have a right of first refusal over Hess’s stake in the block. ....

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Exxon, Cnooc Merge Guyana Arbitration Claims Against Chevron

Exxon, Cnooc Merge Guyana Arbitration Claims Against Chevron
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Exxon Seeks Drilling Efficiencies, Lower Costs on Pioneer's Midland Acreage

Exxon Mobil has fine-tuned a cube development strategy on its lower-quality Midland Basin acreage. The supermajor sees nothing but upside from deploying its strategy on Pioneer Natural Resources’ premier Midland position. ....

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Exxon Gets Oilier With Pioneer Buy, Guyana Success

Exxon Gets Oilier With Pioneer Buy, Guyana Success
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