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FTC, Exxon and Pioneer

Midland Reporter-Telegram on … · 22h

Sheffield declines to take seat on Exxon's board after FTC lifts ban

By unanimous vote, the three members of the Federal Trade Commission reopened and canceled the consent order barring Pioneer Natural Resources founder and former Chief Executive Officer Scott Sheffield from the ExxonMobil board of directors.

Ex-Pioneer CEO cannot challenge order barring him from Exxon board, FTC says

Scott Sheffield, the founder and former CEO of Pioneer Natural Resources, cannot directly challenge a Biden-era order barring him from ExxonMobil's board after its acquisition of Pioneer, the Federal Trade Commission said on Tuesday,

TipRanks on MSN · 1d

FTC reopens, sets aside Exxon-Pioneer final order

The Federal Trade Commission reopened and set aside the final consent order involving Exxon Mobil Corporation’s (XOM) proposed acquisition of

Hess, Chevron and Exxon

The Associated Press - Busines… · 1d

Chevron, Hess complete $53B merger after arbitration win

A critical ruling gave Chevron the go-ahead for a $53 billion acquisition of Hess, access to one of the biggest oil finds of the decade, and a big win

Chevron closes Hess acquisition after winning Exxon legal battle

Chevron closed its $55 billion acquisition of Hess on Friday after winning a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades.

Los Angeles Times · 1d

Chevron prevails in Exxon fight and closes deal to buy Hess

Chevron Corp. won its arbitration battle with Exxon Mobil Corp. and has closed its $53-billion deal to buy Hess Corp. more than 20 months after the takeover was announced.

1d

Scott Sheffield Bashes Exxon Mobil After FTC Clears Him

Former Pioneer Natural Resources CEO Scott Sheffield told Hart Energy, “For now, I remain one of Exxon’s largest individual ...

FTC Retracts Ban vs Hess, Pioneer Leaders

Hess chief executive John Hess and Pioneer founder and former chief executive Scott Sheffield are no longer barred from ...

Upstream Online22h

FTC reverses course and lets John Hess and Scott Sheffield join US supermajor boards

The US Federal Trade Commission (FTC) has reversed course on a pair of rulings in 2024 that barred two longtime oil ...

Midland Reporter-Telegram on MSN1d

ExxonMobil seeking new well locations in Midland

ExxonMobil, under their Pioneer Natural Resources label, is seeking oil and gas permits in two separate locations in Midland.

3d

Exxon Mobil: Fairly Valued, Poised For Renewed Growth

Exxon Mobil is poised for renewed growth, driven by its dominant positions in the Permian Basin and Guyana. Learn why XOM ...

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