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Exxon, Qatar in talks for potential U.S. shale deal: WSJ

Published 04/10/2018, 07:52 AM
Updated 04/10/2018, 08:02 AM
© Reuters. An iluminated board at the new Mobil gas station is pictured in Queretaro
XOM
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(Reuters) - Exxon Mobil (N:XOM) is in talks with Qatar over a possible deal that could see the country investing in the company's U.S. gas resources, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

The deal could take the shape of a joint venture in which Qatar could partner or invest in future wells with Exxon's unit XTO Energy, the paper said.

© Reuters. An iluminated board at the new Mobil gas station is pictured in Queretaro

Exxon did not immediately respond to a request for comment.

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