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Exxon reinforces support for fossil fuels with deal to buy shale giant for $60 billion

  • Grist faviconGrist

    By Callum JonesOct 14, 2023, 9:00 am203 pts
    This story was originally published by the Guardian and is reproduced here as part of the Climate Desk collaboration. Oil giant ExxonMobil agreed to buy the shale group Pioneer Natural Resources for $59.5 billion in a deal that places a vast bet on a future for fossil fuel production in the United States.…
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