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ExxonMobil's $5.6B New Mexico deal is biggest U.S. oil & gas buy in 2 years

Exxon Mobil Corp. announced today it plans to invest $5.6 billion to double its holdings in the Permian Basin and gain access to an estimated 3.4 billion barrels of oil in southeastern New Mexico's..
bizjournals

Exxon's biggest acquisition in years taps New Mexico

Texas-based ExxonMobil Corp. (NYSE:XOM) announced Tuesday it plans to invest $5.6 billion to double its holdings in the Permian Basin and gain access to an estimated 3.4 billion barrels of oil in New..
bizjournals

Videos for exxonmobil

News video: M&A Deals in Prolific Permian Basin Boost Energy Sector

M&A Deals in Prolific Permian Basin Boost Energy Sector 00:58

Energy stocks rallied Tuesday as more Permian-based M&A deals shake up the sector. ExxonMobil was the latest to announce a deal in the lucrative region. The energy major is buying assets from the Bass..
Source: The Street -

News video: Exxon Was the Real Winner in the 2016 Election, Report Says

Exxon Was the Real Winner in the 2016 Election, Report Says 01:30

The Center for American Progress lays out all the ways Exxon could benefit from the Trump administration's pro-oil plans.
Source: Newsy Studio -

News video: Tillerson Refuses to Acknowledge ExxonMobil's Efforts to Deceive the Public on Climate Change

Tillerson Refuses to Acknowledge ExxonMobil's Efforts to Deceive the Public on Climate Change 09:32

Kathy Mulvey of the Union of Concerned Scientists says the oil giant is continuing to avoid accountability for its disinformation campaign
Source: Real News Network - Affiliate -

News video: Can 'Little Marco' block Trump's secretary of state pick?

Can 'Little Marco' block Trump's secretary of state pick? 01:03

CNN Reports that Marco Rubio, The Florida Republican, who reversed his decision to quit the Senate after his losing the GOP presidential nomination, suddenly finds himself at the center of the..
Source: Wochit Headline News -

News video: Exxon Forced To Turn Over Documents To Massachusetts AG

Exxon Forced To Turn Over Documents To Massachusetts AG 00:57

Shares of ExxonMobil were in focus on Thursday after a Suffolk Superior Court judge ordered the U.S. oil major to comply with Massachusetts Attorney General Maura Healey's investigation. Healey is..
Source: The Street -

 

Exxon Mobil Makes Its First Big Bet Of The Trump Era

Exxon Mobil Corp. spent $5.6 billion to double its share of a massive New Mexico oil and gas reserve to 6 billion barrels in its first big bet since newly minted CEO Darren Woods took over this..
Huffington Post

4 Looming Flashpoints Facing President Trump

*Escalation Watch * *Cross-posted with TomDispatch.com*Within months of taking office, President Donald Trump is likely to face one or more major international crises, possibly entailing a risk of..
Huffington Post

Scott Pruitt At The Helm Of The EPA Is Intolerable

The specter of Scott Pruitt - Oklahoma Attorney General - at the helm of the U.S. Environmental Protection Agency (EPA) is intolerable, not simply because he is cozy with Big Oil or Big Ag, or even..
Huffington Post

Exxon plays catch-up after missing U.S. shale oil boom

ExxonMobil announced a $5.6 billion deal on Tuesday to purchase a slew of U.S. oil resources in the shale hotbed of the Permian Basin.
CNNMoney

ExxonMobil to acquire companies doubling Permian Basic Resource to 6 bln barrels


MarketWatch

ExxonMobil to pay additional contingent cash payments of up to $1 bln


MarketWatch

ExxonMobil to pay upfront acquisitions cost of $5.6 bln


MarketWatch

ExxonMobil to undertake renovation work at Texas refinery

ExxonMobil is reportedly planning to conduct an overhaul of the hydrocracker and a gasoline producing unit at its Baytown, Te -More- 
SmartBrief

Rex Tillerson Has A Long, Troubled History With Venezuela

ExxonMobil and Venezuela have been spatting over oil for decades. Reuters Sary Levy-Carciente, Universidad Central de Venezuela and María Teresa Romero, Universidad Central de Venezuela If Rex..
Huffington Post

5 Questions I'd Ask Rex Tillerson At His Confirmation Hearing If I Were A Senator

A federal court has found enough evidence against ExxonMobil to require the company to face trial for its complicity in human rights egregious abuses in Indonesia. Exxon is accused of complicity in..
Huffington Post

5 Stocks With Bigger Dividends Than ExxonMobil

Our contributors put together a diverse list of stocks with bigger dividends than ExxonMobil. Whether you're looking for an energy stock, or just a solid income investment, one of the stocks on this..
Motley Fool

China Daily: Tillerson's "Disastrous" Actions Would Set The Course For A "Devastating Confrontation"

china daily: tillerson's disastrous actions would set the course for a devastating confrontation
We were surprised by how contained China was this morning after yesterday's confirmation hearing of Rex Tillerson, in which the former Exxon CEO said that a failure to respond to China had allowed it..
Zero Hedge

In Praise of Tillerson, Trump's Secretary Of State Pick

in praise of tillerson, trump's secretary of state pick
Submitted by Mike Shedlock via MishTalk.com, The Financial Times reports Tillerson Gets Rough Ride from Russia Hawks on the Hill. *The rough ride was from Senator John McCain, Senator Marco..
Zero Hedge

Rex Tillerson Says Oil Companies Don't Take Handouts. Exxon Mobil Gets $1 Billion A Year.

Rex Tillerson, President-elect Donald Trump’s nominee for secretary of state, denied that tax breaks to fossil fuel companies amount to subsidies during his Senate confirmation hearing on..
Huffington Post

Should America Pick A Secretary of State Who Faces Fraud Investigations?

Among the most disturbing aspects of Rex Tillerson's confirmation hearing -- he failed to disavow the idea of "a national registry for American Muslims"; he declined to offer an opinion on whether..
Huffington Post


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