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F.T.C. Clears Exxon Mobil’s Acquisition of Pioneer Natural Resources

The Federal Trade Commission will bar Pioneer’s chief executive, Scott Sheffield, from joining Exxon’s board, saying he colluded with OPEC to reduce oil production.

Clifford Krauss
Author: Clifford Krauss

Written by

Clifford Krauss

in

Exxon Mobil Corp, Federal Trade Commission, Houston (Tex), Mergers, Acquisitions and Divestitures, Oil (Petroleum) and Gasoline, Organization of the Petroleum Exporting Countries, Pioneer Natural Resources Company, Prices (Fares, Fees and Rates), Sheffield, Scott
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