How ExxonMobil will save $2 billion a year after Pioneer megamerger

US supermajor aims to achieve capital efficiency and cost performance with buy-out of shale player

Drilling: ExxonMobil senior vice president Neil Chapman.
Drilling: ExxonMobil senior vice president Neil Chapman.Photo: AP/SCANPIX
Published 11 October 2023, 16:25Updated 17 October 2023, 14:44