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Exxon to Buy Denbury for $4.9 Billion in Pipeline Push

Bloomberg Businessweek

00:00

ExxonMobil's Buying of Pioneer Natural Resources

Exxon is 100% all in oil and gas will be for many decades to come. If they are expanding their oil and gas production quite aggressively,. There is Guyana's key example, but it is also Permion. That is targeting final investment decision in Mozambique in 2025 or so. And of course, this is a company that made record profits last year. It can afford to do both.

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