Exxon Mobil moves closer to Pioneer Natural Resources acquisition

The excitement in the oil and gas industry continues to grow over the prospects of Exxon Mobil’s possible acquisition of Pioneer Natural Resources.

It’s a reported possible $58 billion deal and experts say it shows that oil and gas will continue to be central to the world’s energy mix. Talks are said to be underway where Exxon would pay more than $250 a share.

It’s possible the deal could be finalized this week.

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