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U.S. regulators gave the go-ahead on Thursday to Exxon Mobil's $60 billion purchase of Pioneer Natural Resources, but barred Pioneer's former CEO from Exxon's board on allegations he attempted to collude with OPEC to raise oil prices.
Chesapeake Energy and Southwestern Energy said on Friday the closing date of their proposed $7.4 billion merger has been pushed back to the second half of the year after receiving a U.S. regulator's second request for information.
Ex-tropical cyclone Lincoln is expected to intensify back to cyclonic strengths on Thursday night hitting Australia's northwest, the country's weather bureau said, as ports across the region began clearing ships from the site.
Italian energy group Eni on Friday reported fourth-quarter adjusted net profit of 1.64 billion euros ($1.8 billion), beating analysts' expectations, helped in part by a positive arbitration outcome.