The acquisition of Pioneer Natural Resources, Exxon’s largest since its merger with Mobil in 1999, increases the company’s presence in the Permian basin in Texas and New Mexico.
Tag: Production
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Biden’s More of Everything Approach To Climate Change Will Fail
The president’s answer to the climate crisis has been, in one word, more. But more won’t cut it with fossil fuels.
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Ford Slashes Price of Electric F-150 Lightning as Demand Weakens
Sales of electric vehicles have slowed recently partly because prices of some models like the F-150 Lightning had risen a lot.
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Russia and Saudi Arabia’s Oil Partnership Shows Strain
Analysts said the countries’ mutual need to keep energy prices high would help them maintain close ties, despite signs that Moscow has undercut previous deals.