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US oil giants' profits dip as Exxon deal nears finish line

ExxonMobil and Chevron both reported a dip in profits Friday on lower refining margins and natural gas prices, but ExxonMobil's big takeover appears on track to close before Chevron's. While ExxonMobil's Pioneer deal appears on the cusp of closing, Chevron's proposed $53 billion takeover of Hess hit a speedbump following a challenge from ExxonMobil.
Demerara Mahaica United States Mike Wirth Pioneer Natural Resources Exxonmobil Chief Executive Darren Woods Stabroek Block
Source: yahoo.com

US oil giants' profits dip as Exxon deal nears finish line

ExxonMobil and Chevron both reported a dip in profits Friday on lower refining margins and natural gas prices, but ExxonMobil's big takeover appears on track to close before Chevron's. While ExxonMobil's Pioneer deal appears on the cusp of closing, Chevron's proposed $53 billion takeover of Hess hit a speedbump following a challenge from ExxonMobil.
United States Demerara Mahaica Mark Felix Mike Wirth Exxon Mobil Exxon Mobil Chairman
Source: legit.ng

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