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...We start today with what would be Exxon’s biggest takeover since the tie-up with Mobil 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....
...The company’s assets will be transferred to GEPetrol, the national oil company....
...Both companies raked in record profits last year after Russia’s full-scale invasion of Ukraine drove up oil and natural gas prices....
...combined with Mobil....
...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...
...Mobil Lithium....
...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...
...“The combined capabilities of our two companies will provide long-term value creation well in excess of what either company is capable of doing on a standalone basis,” said Woods....
...The two biggest US oil companies have set off a race to secure petroleum reserves for the decades ahead, inking multibillion-dollar transactions to snap up the most promising production hotspots despite...
...2000s — BP-Amoco, Exxon-Mobil and Chevron-Texaco — formed the modern supermajors....
...A tripling of petrol prices by the state oil company on Wednesday sparked further panic, with the sharp increase to N557 ($1.20) per litre accompanied by a warning from NNPC that prices would “continue to...
...In 2022, six companies — including Amazon, ExxonMobil and McDonald’s — faced shareholder petitions asking for more disclosures on efforts to reduce plastic, according to regulatory disclosures....
...staff, who runs electric bus company Mobil Anak Bangsa Indonesia, which is looking to supply government offices and SOEs....
...And Standard Oil was broken up into Exxon and Chevron and Mobil and these huge companies....
...An engineer by training, Erginbilgic started his career in the oil industry at Mobil in 1990 before moving to BP in 1997....
...with Mobil....
...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....
...begins removing US employees from its Russian oil and gas operations (Reuters)...
...And look at the names — there are hedge fund hotels Google, Facebook and Microsoft sure, but also . . . energy giant Exxon Mobil, which has returned 52 per cent year-to-date on the back of rising oil prices...
...When Exxon struck the biggest deal of a $300bn wave of oil mergers during the brutal late-1990s crude price collapse, Mobil chief executive Lou Noto gave a warning to the industry....
...Oil companies relied on railroads to ship their oil to market and so profits depended on the price of railroad freight....
...Lee Raymond, Exxon’s chief executive from 1993 to 2005, added scale with the addition of Mobil in 1999....
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