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Exxon Mobil Acquiring XTO Energy in $41B Deal; Enhances US Position in Unconventional Natural Gas and Oil

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Exxon Mobil Corporation is acquiring XTO Energy Inc. Its properties are concentrated in Texas, New Mexico, North Dakota, Pennsylvania, West Virginia, Arkansas, Oklahoma, Kansas, Wyoming, Colorado, Utah, Louisiana and Montana. in an all-stock transaction valued at $41 billion.

Oil 186
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DOE NETL selects 12 fossil-fuel power systems projects for funding

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will partner with GE Global Research, EPRI, Southern Company, American Electric Power and FirstEnergy to design and test a high temperature nickel-based superalloy thick-walled header for cycling and flexible plant operation in new and existing plants. Siemens Corporation. Alstom Power Inc.

Power 150