Biggest Oil and Gas Sector Deals Since Start of the Century

(Reuters) – U.S. energy major Exxon Mobil  said it would acquire Pioneer Natural Resources in a deal valued at $59.5 billion to more than double the company’s presence in the Permian Basin, the largest shale play in the U.S. Once completed, it would be Exxon’s biggest acquisition since its $81 billion deal for Mobil in 1998. … Read more

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