Exxon Mobil Corp (XOM.N)
20 Jan 2017
* Industry source says bidding process has started for JAC
(Adds comment, detail)
* Graphic on oil and gas M&A in 2016 - http://tmsnrt.rs/2jv9If6
* Synthetic Genomics and Exxon Mobil renew Algae Biofuels
Source text for Eikon:
Further company coverage:
LONDON, Jan 18 Oil and gas discoveries around
the world dropped last year to their lowest since the 1940s
after companies sharply cut back in their search for new
resources amid falling oil prices.
MIDLAND, Texas, Jan 17 Exxon Mobil Corp
said on Tuesday it will pay up to $6.6 billion to double its
holdings in the Permian Basin of west Texas and New Mexico, the
largest oil field in the United States.
SINGAPORE, Jan 17 Crude oil export at Russia's
Sakhalin-1 project has been temporarily reduced following a
mechanical failure of equipment at Exxon Neftegas Limited Chayvo
onshore processing facility, ExxonMobil spokesman said in an
MOSCOW, Jan 17 Russian Foreign Minister Sergei
Lavrov said on Tuesday that Moscow was ready to talk to U.S.
President-elect Donald Trump's new administration about nuclear
weapons and Syria, saying the two countries could together solve
many of the world's problems.
Jan 17 Exxon Mobil Corp said on Tuesday
it will buy companies owned by the Bass family of Fort Worth,
Texas in a deal worth up to $6.6 billion that would more than
double its resource in the prolific Permian basin.
* Exxon Mobil corp - upfront acquisition cost of $5.6
billion to be paid in Exxonmobil shares
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