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Exxon Mobil Corp

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  • NEW YORK, April 8- Global equity markets rose on Wednesday, with European shares hitting eight-year highs on a $70 billion takeover bid by Royal Dutch Shell, but shares pared gains after the largest U.S. crude inventory build since 2001 slammed oil prices. Equity markets briefly sold off after U.S. Energy Information Administration data showed stockpiles of U.S....

  • *Fed minutes indicate rate hike in 2015, but members differ on month. *Mylan jumps after offering to buy Perrigo for about $29 bln. NEW YORK, April 8- U.S. stocks rose on Wednesday, but trading was volatile following the release of minutes from the U.S.

  • Midday Glance: Oil companies Wednesday, 8 Apr 2015 | 2:03 PM ET

    BP PLC rose$. 67 or 1.7 percent, to $40.92. ConocoPhillips fell$. 62 or. 9 percent, to $65.17. Exxon Mobil Corp. fell $1.36 or 1.6 percent, to $84.40.

  • HOUSTON, April 8- Royal Dutch Shell Plc's $70 billion agreement to buy BG Group Plc may be just the signal that other dealmakers need to make their own energy takeover bets, particularly in the U.S. shale sector. "Things may be changing," said Rich Eychner, an equity research associate at Raymond James in Houston. There are literally dozens of shale oil and gas...

  • Early Glance: Oil companies Wednesday, 8 Apr 2015 | 12:57 PM ET

    BP PLC rose $1.34 or 3.3 percent, to $41.59. ConocoPhillips rose$. 33 or. 5 percent, to $66.11. Exxon Mobil Corp. fell$. 26 or. 3 percent, to $85.49.

  • LONDON, April 8- Royal Dutch Shell agreed to buy smaller rival BG Group for 47 billion pounds in the first major energy industry merger in more than a decade, closing the gap on market leader U.S. ExxonMobil after a plunge in oil prices. 1/ 8 nL3N0X441R 3/ 4. Goldman Sachs and Robey Warshaw LLP are expected to earn $50.3 million each for advising BG, with Bank of America...

  • These could be the next energy buyers and sellers Wednesday, 8 Apr 2015 | 11:49 AM ET

    Exxon could make a deal soon, and targets for oil majors range from U.S. shale producers to distressed mining and resources firms, analysts tell CNBC.

  • NEW YORK, April 8- Global equity markets rose on Wednesday, with European shares hitting eight-year highs on Royal Dutch Shell's $70 billion bid for energy firm BG Group, while the dollar slipped ahead of the release of U.S. Equity markets briefly sold off after U.S. Energy Information Administration data showed stockpiles of U.S. crude saw their largest weekly...

  • Sunday telephone call sparked $70 bln Shell-BG deal Wednesday, 8 Apr 2015 | 10:49 AM ET

    By Dmitry Zhdannikov and Karolin Schaps. LONDON, April 7- Sometimes it takes little more than five people to put together a $70 billion oil mega-merger. Helping to make it happen were three bankers who have advised on some of the oil industry's biggest takeovers-- Alastair Maxwell from Goldman Sachs, Julian Mylchreest from Bank of America Merrill Lynch and former...

  • NEW YORK, April 8- U.S. stocks were set to open little changed on Wednesday, with traders eyeing a $70 billion mega-deal in the energy space and ahead of minutes from the most recent meeting of the Federal Reserve's policy-setting committee. *Royal Dutch Shell said it would buy rival BG Group for $70 billion, closing the gap on market leader U.S.

  • US STOCKS-Futures flat ahead of Fed minutes; M&A eyed Wednesday, 8 Apr 2015 | 7:48 AM ET

    NEW YORK, April 8- U.S. stock index futures were little changed on Wednesday, with traders eyeing a $70 billion mega-deal in the energy space and ahead of minutes from the most recent meeting of the Federal Reserve's policy-setting committee. *Royal Dutch Shell said it would buy rival BG Group for $70 billion, closing the gap on market leader U.S.

  • LONDON— Oil and gas company Shell has agreed to buy British rival BG Group for 47 billion pounds, in a deal that may signal a new wave of mega-mergers as the energy industry tries to adapt to lower prices. Royal Dutch Shell said Wednesday it will pay the equivalent of 13.67 pounds in cash and stock for each share of BG Group, 50 percent more than Tuesday's closing price.

  • Shell launches $69B cash-and-share bid for BG Group Wednesday, 8 Apr 2015 | 2:18 AM ET

    Royal Dutch Shell has confirmed it is in advanced talks to buy UK utility BG Group, in a £47 billion cash-and-shares offer.

  • *Shell in talks to buy BG Group in first mega-merger in a decade. SINGAPORE, April 7- Crude prices dropped on Wednesday after Saudi Arabia reported record production of 10.3 million barrels per day in March, a figure the country's oil minister said was unlikely to fall by much. Brent May crude was down 73 cents from its last settlement at $58.37 a barrel by 0100 GMT,...

  • Here's how to play oil's volatility Tuesday, 7 Apr 2015 | 7:04 PM ET
    An oil well owned an operated by Apache Corp. in the Permian Basin, Garden City, Texas.

    Following news of a possible merger between Royal Dutch Shell and BG Group, CNBC's Fast Money traders said now my be a good time to play oil.

  • Final Glance: Oil companies Tuesday, 7 Apr 2015 | 6:15 PM ET

    BP PLC rose$. 12 or. 3 percent, to $40.25. ConocoPhillips rose$. 40 or. 6 percent, to $65.79. Exxon Mobil Corp. rose$. 62 or. 7 percent, to $85.75.

  • TRENTON, N.J.— The price tag for cleaning up two petroleum refineries in northern New Jersey will cost Exxon Mobil much more than the $225 million settlement brokered by Gov. The Department of Environmental Protection posted details of the proposed settlement with the Texas- based oil company on Monday but did not outline what it plans to do or how much the...

  • NEW ORLEANS— An oil consortium says an oil spill in the Gulf of Mexico today can be cleaned up far faster than five years ago when BP's Macondo well blew out 45 miles off the coast of Louisiana, spawning the nation's worst offshore oil spill. On Tuesday, the Marine Well Containment Co., a Houston- based consortium developing high-tech containment technology,...

  • Midday Glance: Oil companies Tuesday, 7 Apr 2015 | 2:30 PM ET

    BP PLC rose$. 52 or 1.3 percent, to $40.65. ConocoPhillips rose$. 52 or. 8 percent, to $65.91. Exxon Mobil Corp. rose$. 61 or. 7 percent, to $85.74.

  • Early Glance: Oil companies Tuesday, 7 Apr 2015 | 11:05 AM ET

    BP PLC rose$. 68 or 1.7 percent, to $40.81. ConocoPhillips rose$. 27 or. 4 percent, to $65.66. Exxon Mobil Corp. rose$. 17 or. 2 percent, to $85.30.