Exxon CEO’s Quest for Mega Deal Is a Bet on Oil’s Staying Power

Exxon Mobil Corp. boss Darren Woods is poised to emulate his two predecessors with a career-defining mega deal that — for better or worse — would likely transform the oil giant. Exxon’s talks to buy Pioneer Natural Resources Co., a US rival with a market value of $55 billion, represent a strategic bet underpinned by … Read more

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