Tag: Exxon Mobil

December 13, 2023 BY Elizabeth Anderson

ExxonMobil to remain in Guyana for three months despite territorial disputes

In response to Venezuelan President Nicolás Maduro's proposal, ExxonMobil Guyana released a social media statement reiterating its dedication to Guyana and its intention to continue expanding production offshore in accordance with its agreement with the Guyanese government. Venezuela's push for the withdrawal of companies operating in the Essequibo region, known for its mineral wealth and…

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October 06, 2023 BY Elizabeth Anderson

Exxon eyeing Pioneer in possible $60bn acquisition

Experts estimate that such an acquisition could be worth as much as $60bn.  They would be Exxon’s most significant endeavour since the $81bn merger with Mobil Corp. in To date, one of 2023’s biggest agreements were the Pfizer Inc. $43bn acquisition of Seagen Inc. The Wall Street Journal first reported the possibility of an Exxon…

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