Mitchell Ferman News Today

ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices rise and big oil companies reap massive profits.

ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices rise and big oil companies reap massive profits.

(Bloomberg) -- D.E. Shaw & Co., one of the top 15 shareholders in Hess Corp., plans to abstain from voting on the oil company’s $53 billion takeover by Chevron Corp., becoming the second major investor this week to come out against the deal. Most Read from BloombergIranian President Is Missing After Helicopter Crash in Dense FogGantz Says He’ll Quit Unless Netanyahu Moves to New War PlanEven if Alito Is Right, the Upside-Down Flag Was WrongChina-Bound Oil Tanker Hit by Houthi ...

The U.S. Federal Trade Commission on Thursday declined to challenge Exxon Mobil Corp.s $60 billion purchase of Pioneer Natural Resources Co. but asserted that Scott Sheffield, Pioneers co-founder, must not take a seat on Exxons board.

The U.S. Federal Trade Commission on Thursday declined to challenge Exxon Mobil Corp.s $60 billion purchase of Pioneer Natural Resources Co. but asserted that Scott Sheffield, Pioneers co-founder, must not take a seat on Exxons board.

(Bloomberg) -- The US Federal Trade Commission declined to challenge Exxon Mobil Corp.’s $60 billion purchase of Pioneer Natural Resources Co. on the condition that Pioneer co-founder Scott Sheffield be excluded from the supermajor’s board. Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineUS and Saudis Near Defense Pact Meant to Reshape Middle EastBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaTurkey Halts All Trade Wi...

(Bloomberg) -- The US Federal Trade Commission declined to challenge Exxon Mobil Corp.’s $60 billion purchase of Pioneer Natural Resources Co. on the condition that Pioneer co-founder Scott Sheffield be excluded from the supermajor’s board. Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesBiden Calls Ally Japan ‘Xenopho...

(Bloomberg) -- Exxon Mobil Corp. and Chevron Corp. declined after disappointing first-quarter performances despite posting strong production gains in marquee oil projects in Guyana and the Permian Basin.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingHuawei’s New Phone Runs Latest Version of Made-in-China ChipUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesFed’...

(Bloomberg) -- Donald Trump is the oil and gas industry’s undisputed top pick for the Republican presidential nomination as energy sector donors shower his candidacy with nearly 10 times the amount of money as they gave his challenger Nikki Haley.Most Read from BloombergBiden’s Attempt to Address Memory Issue Backfires With New GaffeA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaChina’s Property Crisis Is Starting to Ripple Across the WorldNew York City Is Consi...

Chesapeake Energy and Southwestern Energy are combining in a $7.4 billion all-stock deal to form one of the biggest natural gas producers in the United States.