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Exxon Mobil, Pioneer rumors spark fracking M&A talk

Por: Fox Business Business April 10, 2023

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American Petroleum Institute President and CEO Mike Sommers calls for a new five-year oil plan from President Joe Biden and exploration of Gulf of Mexico drilling opportunities. Exxon Mobil is r to acquire Pioneer Natural Resources as part of the company’s Permian Basin strategy, analysts say. Based in Irving, Texas, Pioneer is a hydrocarbon exploration company with a market capitalization of around $52 billion and is the third-largest oil... + full article



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