Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

Energy Resources

Exxon to buy natural gas giant XTO Energy

Dec. 14, 2009
Exxon Mobil will buy XTO Energy in an all-stock deal worth $31 billion as the oil giant moved aggressively Monday to capitalize on the growing supply of natural gas at home. The deal could signal a new rush to own natural gas assets by major integrated...
Related Stories from UPI.com
Exxon to buy XTO Energy for $41B

Exxon to buy XTO Energy for $41B

HOUSTON, Dec. 14 (UPI) -- Exxon Mobil Corp. Monday said it reached a deal to buy U.S. energy company XTO Energy Inc. for $41 billion.

Exxon Mobil cautiously optimistic on LNG

DOHA, Qatar, Dec. 9 (UPI) -- Sustained increases in global energy demand require major investments in alternatives such as liquefied natural gas, Exxon Mobile officials said in Qatar.

Exxon Mobil approved for Gorgon LNG

IRVING, Texas, Sept. 14 (UPI) -- Exxon Mobil Corp. announced it received approval for the development of the Gorgon liquefied natural gas project in Western Australia from its partners.

Exxon launches massive LNG facility

IRVING, Texas, Sept. 9 (UPI) -- Exxon Mobil Corp. and Qatar Petroleum announced the completion of one of the largest operating liquefied natural gas production facilities in the world.

LNG train starts production in Qatar

DOHA, Qatar, Aug. 13 (UPI) -- Ras Laffan Liquefied Natural Gas Co. Ltd. announced the completion of the startup of Train 6 at an industrial city in Qatar, one of the world's largest.

Australia deals LNG to India

PERTH, Australia, Aug. 12 (UPI) -- A 20-year deal between Exxon Mobil and India's Petronet marks the first long-term liquefied natural gas deal between Australia and India.

Exxon Mobil expands Colorado processing

HOUSTON, June 23 (UPI) -- Exxon Mobil unveiled the completion of new gas field processing capacity in the Piceance Basin on the western slope of the Rocky Mountains in Colorado.

XTO buys Barnett Shale acres

FORT WORTH, Texas, Oct. 24 (UPI) -- Fort Worth, Texas-based XTO Energy said it acquired 24,000 acres in the Barnett Shale.

Chesapeake Energy buys gas reserves

OKLAHOMA CITY, Oct. 4 (UPI) -- Chesapeake Energy Corp. will pay $2.2 billion to buy Columbia Natural Resources LLC to create a huge U.S. natural gas company.

Head of Exxon Mobil stepping down

MOSCOW, Aug. 4 (UPI) -- The head of the largest U.S. oil company, energy giant Exxon Mobil Corp., will retire at the end of the year, the Wall Street Journal said Thursday.
1 of 25
President Obama awards the Presidential Medal of Freedom in Washington
View Caption
President Barack Obama awards the the Presidential Medal of Freedom to singer/songwriter Bob Dylan during a ceremony in the East Room at the White House in Washington on May 29, 2012. The Medal of Freedom is our NationÕs highest civilian honor, presented to individuals who have made especially meritorious contributions to the security or national interests of the United States, to world peace, or to cultural or other significant public or private endeavors. UPI/Kevin Dietsch