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Chevron and Exxon may have launched an oil land grab

Chevron and Exxon may have launched an oil land grab


The smell of mergers and acquisitions is in the air after oil megadeals worth more than $110 billion this month…ChevronIt is purchase agreement Hesse and Exxon Mobil’s deal for the Permian giant Pioneering natural resources. Who’s next?

Negotiations are already underway. Devon Energyanother major Permian producer, would aim to target in particular Marathon Oil And CrownRock, according to a Bloomberg report. Gas producer Chesapeake Energy would consider purchasing South West Energyaccording to Reuters.

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Eleon

With a penchant for words, Eleon Smith began writing at an early age. As editor-in-chief of his high school newspaper, he honed his skills telling impactful stories. Smith went on to study journalism at Columbia University, where he graduated top of his class. After interning at the New York Times, Smith landed a role as a news writer. Over the past decade, he has covered major events like presidential elections and natural disasters. His ability to craft compelling narratives that capture the human experience has earned him acclaim. Though writing is his passion, Eleon also enjoys hiking, cooking and reading historical fiction in his free time. With an eye for detail and knack for storytelling, he continues making his mark at the forefront of journalism.
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