Exxon Mobil agreed to ____ Pioneer Natural Resources, another big US company, in a deal ____ 59.5 billion dollars. This deal will make Exxon the largest producer in the Permian Basin, ____ is one of the most important oilfields in the United States. The deal has a ____ of 253 dollars per share. It unites the largest US oil company with Pioneer, ____ important player in the market. The ____ company has big plans to increase its oil and gas production and add 700,000 barrels per day ____ four years after the deal is ready. It would mean a total ____ 2 million barrels per day. Also, the company wants to ____ greenhouse gas emissions. Experts think that the deal will be ____ in early 2024.

Exxon buys Pioneer – level 2

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