Breakingviews

Exxon’s new barrels not as tasty as the old

February 17, 2010

With oil majors being given the cold shoulder in many developing countries, it is no mean feat that Exxon Mobil managed to replace 100 percent of production last year with new reserves.

Exxon should succeed where Conoco blundered

December 18, 2009

When ConocoPhillips bet big on gas with the 2005 purchase of Burlington Resources for $36 billion, it was widely expected to trigger a spree of copycat deals. Instead the deal became a cautionary tale in the oil patch.