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Top related persons:
Occidental’s - 1 ANGUS MORDANT - 1 Paul Gigot - 1 Bjorn Lomborg - 1 Mark Kelly - 1 Chevron’s Hess - 1 Philip Gostelow - 1 Hess - 1
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U.S Guyana North Dakota Chevron Gulf of Mexico Southeast Asia
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Exxon Mobil ’ - 3 Natural Resources - 2 Chevron - 2 REUTERS - 1 Occidental Petroleum - 1 Street - 1 Monday - 1 Hess Corp - 1

Search resuls for: "Exxon Mobil ’"


4 mentions found


☆ U.S. Oil Land Grab Continues
  + stars: | 2023-12-01 | by ( Jinjoo Lee | ) www.wsj.com   time to read: 1 min
Occidental’s talks to buy CrownRock follow a series of Permian basin deals inked this year. Photo: ANGUS MORDANT/REUTERSIt’s a seller’s market in the U.S. oil patch. Occidental Petroleum is in talks to buy CrownRock, one of the last remaining private companies of scale in the Permian basin, The Wall Street Journal reported on Wednesday. If the deal goes through, it would be the latest in a string of mergers and acquisitions this year, including Exxon Mobil ’s $64.5 billion purchase of Permian giant Pioneer Natural Resources .
Persons: Occidental’s, ANGUS MORDANT Organizations: REUTERS, Occidental Petroleum, Street, Exxon Mobil ’, Natural Resources Locations: U.S
☆ Chevron Bets on Peak Green Energy
  + stars: | 2023-10-24 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
Images: AP/EPA Composite: Mark KellyThe climate lobby’s pronouncements that the end of fossil fuels is nigh appear as premature as warnings two decades ago that supply would soon run out. Chevron on Monday announced a $53 billion bid for Hess Corp. because it knows the world will need oil and gas for the foreseeable future no matter how much politicians subsidize green energy. Chevron’s Hess acquisition comes on the heels of Exxon Mobil ’s $60 billion tie-up with Pioneer National Resources this month. Higher interest rates are prompting consolidation across the U.S. economy, as smaller, less-capitalized companies struggle to borrow. Oil and gas giants are flush with cash owing to the run-up in prices over the past two years.
Persons: Paul Gigot, Bjorn Lomborg, Mark Kelly, Chevron’s Hess Organizations: Chevron, Monday, Hess Corp, Exxon Mobil ’, Pioneer National Resources Locations: U.S
☆ Chevron to Buy Hess for $53 Billion
  + stars: | 2023-10-23 | by ( Collin Eaton | Peter Stiff | ) www.wsj.com   time to read: 1 min
Chevron also said that it would boost returns to shareholders. Photo: Philip Gostelow/Bloomberg NewsChevron said it would buy Hess in an all-stock deal worth $53 billion, the second major oil tie-up this month following Exxon Mobil ’s deal to buy Pioneer Natural Resources . The U.S. energy company said buying Hess would upgrade and diversify its portfolio, marking Chevron’s entrance into an Exxon-led partnership overseeing a generational oil find in Guyana, while picking up additional U.S. shale assets largely in North Dakota. Chevron also highlighted the attraction of Hess’s assets in the Gulf of Mexico and its natural-gas business in Southeast Asia.
Persons: Philip Gostelow, Hess Organizations: Chevron, Bloomberg, Exxon Mobil ’, Natural Resources, Exxon Locations: U.S, Guyana, North Dakota, Chevron, Gulf of Mexico, Southeast Asia
☆ Exxon Executive Suite Goes Lean With End of ‘God Pod’ Era
  + stars: | 2023-05-14 | by ( Collin Eaton | ) www.wsj.com   time to read: 1 min
Exxon Mobil is moving its global headquarters to this glass-dominated campus in Spring, Texas. Photo: Meridith Kohut for The Wall Street JournalAfter inhabiting a palatial executive suite known as the “God Pod” for more than 25 years, Exxon Mobil ’s top brass is downsizing to less-celestial chambers. In a part-symbolic, part-practical move for the oil company, Chief Executive Officer Darren Woods and his top lieutenants are packing up their Dallas-area offices for a move this summer to a C-suite now under construction at a campus outside Houston, according to people familiar with the matter. The new office is intended to be at least a bit more egalitarian and economical, in keeping with the company’s recent pledges to be leaner, the people said.
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