Exxon Completes $60B Acquisition of Pioneer

  • 📰 OilandEnergy
  • ⏱ Reading Time:
  • 15 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 68%

Exxonmobil Berita

Shale,Permian,Pioneer

Exxon Mobil Corporation has finalized its acquisition of Pioneer Natural Resources, marking a monumental milestone in the energy sector.

With a price tag of $60 billion, this deal stands as one of the largest oil-and-gas acquisitions in recent memory, reshaping the landscape of the industry. The completion of this megadeal significantly bolsters Exxon's presence in the coveted Permian Basin. This strategic move effectively doubles Exxon's footprint in the region, solidifying its position as a dominant player in one of the most prolific oil-producing areas in the country. The acquisition hands Exxon access to over 1.

In order to secure regulatory approval from antitrust authorities, Exxon made concessions aimed at addressing concerns over market competition. One notable compromise involved an agreement not to appoint Scott Sheffield, Pioneer's former chief executive, to its board of directors.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 34. in İD

Indonesia Berita Terbaru, Indonesia Berita utama