A cousin of mine asked for my help to answer one of his homework questions. It stated-
Explain why- The first ionization energy of molecular oxygen $\ce{O2}$ ($\pu{1175 kJ mol-1}$), is lesser than the first ionization energy of $\ce{O}$ ($\pu{1314 kJ mol-1}$)?
It took me some time trying to find out perfect reasons for it, because generally, bonded electrons are harder to remove than valence electrons in atoms. But indeed, not just with $\ce{O2}$, but $\ce{F2}$ ($\pu{1515 kJ mol-1}$) also has a first ionization enthalpy lesser than atomic $\ce{F}$ which is $\pu{1681 kJ mol-1}$. (I wonder why there aren't any more talked of!). So I ended up taking a "class" on the basics of MOT, trying to reason that "the energy required to remove an HOMO electron from an ABMO in $\ce{O2}$ is lesser than removing an electron from a bonding orbital. That could probably lead to this anomaly."
But this wasn't convincing enough for me. I could sense a lack of conviction, a whole list of factors that could go wrong, also with the possibility of a much simpler explanation. But what made me post it up here, despite its dubious look, is the lack of convincing information addressing this issue even on the internet. Hence, a proper answer would be helpful for the community at large.