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...We start today with what would be Exxon’s biggest takeover since the tie-up with Mobil in 1999....
...It almost marks a reversal of fortunes for Equatorial Guinea, which was once a hotbed of promise when Mobil discovered oil there and Exxon increased production after its takeover in 1999....
...Mobil stopped exploring because “they thought that there was no way for them to commercialise gas, which was true in the early 1990s”, Macmillan said....
...An acquisition would be ExxonMobil’s biggest since it was formed in a historic tie-up between Exxon and Mobil in 1999....
...combined with Mobil....
...Mobil Lithium....
...His arrest comes at a pivotal moment for Exxon as the company has been in talks over its biggest potential acquisition since it merged with Mobil in 1999: a deal for shale producer Pioneer Natural Resources...
...The purchase of Pioneer, which was founded by chief executive Scott Sheffield in 1997, is the group’s biggest acquisition since it was formed through the merger of Exxon and Mobil in 1999....
...If it purchased Pioneer, it would be the company’s biggest acquisition since it bought Mobil in 1998 for $81bn. Neither company has commented on the speculation....
...Wednesday’s announcement of Exxon’s biggest deal since its 1999 merger with Mobil prompted a furious reaction from some environmental campaigners, who accused the company of “doubling down” on fossil fuels...
...Both deals are on a scale rarely seen since the megamergers of the late 1990s and early 2000s — BP-Amoco, Exxon-Mobil and Chevron-Texaco — that formed the modern supermajors....
...2000s — BP-Amoco, Exxon-Mobil and Chevron-Texaco — formed the modern supermajors....
...A forecourt of a Mobil branch in the Lekki district of Lagos was filled with anxious motorists on Wednesday, with the queue outside stretching more than 1km....
...And the impact of packaging on the environment, globally, is growing — even if it is less obvious to the general public than pollution from oil and gas....
...And Standard Oil was broken up into Exxon and Chevron and Mobil and these huge companies....
...Private sector participation adds to initiatives led by state-owned enterprises including oil and gas giant Pertamina, PLN, miner Aneka Tambang and mining holding company MIND ID....
...This edition features these stories from ft.com Goldman’s quarterly profit drops as trading revenue declines ExxonMobil aims to cut oil and gas emissions to net zero by 2050 US airlines warn of ‘chaos...
...An engineer by training, Erginbilgic started his career in the oil industry at Mobil in 1990 before moving to BP in 1997....
...2006 and 2008, Exxon, then the world’s biggest company by market capitalisation, bought back about $30bn of its own shares every year, supported by the divestment of assets following its 1999 merger with Mobil...
...Trading houses Mitsubishi and Mitsui have stakes in the massive Sakhalin-2 LNG project recently abandoned by Shell, while Marubeni and Itochu have invested in Sakhalin-1 oil project that Exxon Mobil is now...
...Charlie Penner of Engine No 1 talks about the very public proxy campaign he launched against Exxon Mobil, forcing the oil major to prepare for a future free of fossil fuels....
...According to US prosecutors, Giffen was acting as a middleman and had received the millions from Mobil, the US oil company that was negotiating to buy a Kazakh oilfield....
...He said the ex-governor, a US-educated accountant, had made his money in business — he worked for Deloitte in the US and as an executive at Mobil Oil in Nigeria — and by making sound investments before entering...
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