All Posts Tagged With: "XTO Energy"

post thumbnail

Exxon, XTO Execs Defend Merger and Safety
of Shale Gas Production

Their comments came before a House Energy and Commerce subcommittee hearing to vet the planned merger of Exxon Mobil—the world’s largest publicly traded oil company—with XTO, a pioneer in the use of hydraulic fracturing to produce natural gas from unconventional sources.

21Jan2010 | admin | 0 comments | Continued
post thumbnail

Hearing on Exxon’s XTO Acquisition Planned — “Fracking” Issue Could be Raised

A congressional hearing on the proposed merger between ExxonMobil and XTO Energy is planned by the Subcommittee on Energy and Environment as it examines the impact of the potential deal on the U.S. energy market. Rep Markey could want the practice of hydraulic fracturing raised.

18Jan2010 | admin | 0 comments | Continued
post thumbnail

Exxon Bets on Domestic NG Market
with XTO Purchase

The energy giant says it will buy XTO Energy in an all-stock deal worth $31 billion as the oil giant seeks to capitalize on the growing supply of natural gas at home. Major producers see natural gas as a priority fuel source, especially in a reduced carbon economy.

15Dec2009 | admin | 0 comments | Continued