ExxonMobil swoops for InterOil

ExxonMobil will take over Papua New Guinea-focused player InterOil in a deal worth more than $2.5 billion that could help the supermajor anchor an expansion of its existing LNG facility in the country.

Takeover: ExxonMobil chief executive Rex Tillerson
Takeover: ExxonMobil chief executive Rex Tillerson
Published 21 July 2016, 17:57Updated 25 October 2016, 15:18
Asia & Oceania