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Exxon, Chevron and FTC

The Dallas Morning News · 1d

Pioneer founder Scott Sheffield no longer wants to join Exxon board after FTC ruling

Longtime shale boss and North Texas energy magnate Scott Sheffield said he’s no longer interested in joining Exxon Mobil Corp.’s board after the U.S.

Reuters on MSN · 2d

FTC reverses bans on two executives joining Chevron, Exxon boards

The U.S. Federal Trade Commission on Thursday reversed bans on the CEOs of takeover targets joining the boards of Chevron and Exxon Mobil that the Biden administration made a condition of clearing the oil giants' deals to buy two oil producers.

The Wall Street Journal on MSN · 2d

FTC Reopens Consent Orders for Proposed Acquisitions from Exxon Mobil, Chevron

The FTC has reopened an order involving Chevron’s proposed acquisition of Hess, and another regarding Exxon Mobil’s proposed purchase of Pioneer Natural Resources after its initial complaints failed to plead any antitrust law violation.

Exxon, Chevron and Hess

Boston Herald · 5h

Chevron triumphs over Exxon, wins 20-month battle to buy Hess

Chevron Corp. has prevailed in a 20-month fight to buy Hess Corp. for $53 billion, overcoming a challenge by arch rival Exxon Mobil Corp. that was unprecedented in the modern history of Big Oil.

MarketWatch · 1d

Chevron prevails over Exxon in Hess megamerger, and it matters for Chevron’s stock

The conclusion of the saga removes a stock overhang for Chevron and paved the way for the $53 billion deal to close immediately.

Chevron wins Exxon case but loses time, oil and billions

Exxon Mobil has lost its arbitration challenge to block Chevron's $55 billion Hess acquisition deal, but the top U.S. oil producer managed to delay the tie-up by over a year, costing its rival billions in lost Guyana oil revenue and slowing integration.

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 ...

1d

FTC Considers Spyware Firm Leader’s Bid to End Surveillance-Business Ban

The Federal Trade Commission under Republican Chair Andrew Ferguson has shown a more balanced regulatory approach and this ...

1d

Exxon's Block Fails—Chevron Seals $53 Billion Hess Deal After Ruling

Chevron can proceed with its $53 billion Hess acquisition after winning an ICC ruling and receiving FTC approval for board ...

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 ...

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