MORE►
ExxonMobil
ExxonMobil Chairman and CEO Darren Woods (left) and Pioneer CEO Scott Sheffield [Photos: Business Wire]
ExxonMobil Closes $59.5B Acquisition of Irving-Based Pioneer Natural Resources
by Lance Murray | May 3, 2024
ExxonMobil said the merger creates "an unconventional business" with the largest, high-return development potential in the Permian Basin.
by Lance Murray |
Dec 8, 2023
Energy veteran Ross Faransso is taking the reins at cleantech firm Nexus PMG to lead an "unprecedented era of growth" as companies navigate the net-zero transition.
MORE►
by Lance Murray |
Nov 10, 2023
Mike Williams' industry experience includes managerial and director-level positions with oil and gas producers MorningStar Partners, BlueStem Energy, Approach Resources, XTO Energy, and ExxonMobil. Most recently, he served five years as VP of reservoir engineering at Founders Oil & Gas.
MORE►
by Lance Murray |
Oct 11, 2023
The companies said the all-stock merger deal combines Pioneer’s more than 850,000 net acres in the Midland Basin with ExxonMobil’s 570,000 net acres in the Delaware and Midland Basins, creating "a diversified energy company with the largest footprint of high-return wells in the Permian Basin."
MORE►
Pioneer Natural Resources CEO Scott Sheffield, left, will retire at year end. COO Richard Dealey has been named as the shale oil producer's next chief executive officer. [photos: Pioneer Natural Resources]
Pioneer Natural Resources Names New Chief Executive to Succeed Retiring CEO
by Lance Murray | Apr 27, 2023
Currently Pioneer's president and COO, Richard D. "Rich" Dealy brings more than 30 years of industry experience in roles spanning nearly all operations and business functions at Pioneer and its predecessor company. He will replace the retiring Scott Sheffield. The news comes amid reports that Exxon Mobil Corp. has held preliminary talks with Pioneer about a possible acquisition of the company.
MORE►
by Lance Murray |
Feb 17, 2023
Dallas-based independent energy company HF Sinclair Corp. has promoted Tim Go to chief executive officer and president and appointed him to its board of directors, effective May 9....
MORE►
by Lance Murray |
Jan 30, 2023
The company has awarded a contract for front-end engineering and design for the project. Its Baytown low-carbon hydrogen, ammonia, and carbon capture facility is expected to produce 1 billion cubic feet of low-carbon hydrogen per day, making it the largest low-carbon hydrogen project in the world at planned startup in 2027-2028.
MORE►
by Lance Murray |
Dec 8, 2022
In its newly released five-year plan, Irving-based ExxonMobil said that it has allocated roughly $17 billion on its own emission reductions and accretive third-party lower-emission initiatives through 2027, an increase of almost 15%. Nearly 40% of these investments is directed toward building its lower-emissions business with customers to reduce their greenhouse gas emissions with a primary emphasis on large-scale carbon capture and storage, biofuels, and hydrogen.
MORE►
[Image: Courtesy NorthPark]
#IfThenSheCan: Ten Statues From All-Female Exhibit Are on Display at NorthPark Center Until Nov. 9
by Alex Edwards | Sep 10, 2020
COVID-19 delayed the opening of a 3D-printed display from Lyda Hill Philanthropies IF/THEN Initiative of the most statues of women ever assembled. Starting Sept. 10, the exhibit is instead doing a pop-up near Macy’s Court.
MORE►
by David Kirkpatrick |
Nov 7, 2019
Irving-headquartered ExxonMobil is teaming up with FuelCell Energy to work on advancing carbon capture solutions, while reducing costs and enhancing scalability.
MORE►
by Lance Murray |
Jul 1, 2019
The breakthrough technology can capture and concentrate carbon dioxide emissions from the atmosphere and industrial sources—including power plants.
MORE►
by Chloe Bennett |
Jun 9, 2017
Dallas-Fort Worth holds two of the top 10 spots in the rankings of U.S. companies by total fiscal year revenue.
MORE►
