Dec 14
exxon mobil buy xto energy
This Monday, Exxon Mobil has agreed to buy XTO Energy in all-stock deal which have value for USD $31 billion. It’s the largest energy deals in this year as the NY Times reported. It’s mean Exxon Mobil have a new rush to own natural gas assets by major integrated producers, and perhaps the start of a significant consolidation in energy industry. Continue reading »
