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Shell and Exxon Mobil are nearing an agreement to sell their jointly-owned gas fields in the southern North Sea to independent British producer Viaro Energy, three industry and banking sources said. ...
The sale of the Clipper and Leman Alpha field clusters would mark the latest step in a steady retreat of major oil and gas companies from the aging basin in recent decades
Exxon Mobil is acquiring Pioneer Natural Resources in a megadeal that will reshape the Permian Basin—and the U.S. oil landscape as we know it.
Exxon Mobil Corp. likely got a $2.1 billion boost to earnings from higher oil prices and refining margins in the third quarter.
Guyanese mining magnate Nazar Mohamed has pulled out of a consortium hired to build a $300 million onshore logistics base for Exxon Mobil Corp in the South American country, his partners said on...