The former chief executive officer of Pioneer Natural Resources said U.S. antitrust authorities smeared him in their move to block him from joining Exxon Mobil’sXOM-2.40%decrease; red down ...
Chevron is a big oil company based in California that wants to acquire Hess, a big oil company based in New York, for $53 ...
Former Pioneer Natural Resources Co. Chief Executive Officer Scott Sheffield says federal regulators mischaracterized facts and wrongly vilified him in saying he tried to collude with OPEC to prop ...
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Reuters Graphics Earlier this month, Exxon closed its $60 billion purchase of Pioneer Natural after receiving a go-ahead from U.S. regulators. The deal would increase Exxon's total production to ...
Sheffield retired as Pioneer's CEO on Dec. 31, but continued to serve on its board and had been due to take a seat on Exxon's board when the acquisition deal closed. Exxon closed its purchase of ...
The FTC was “straining" to find a reason to criticize Exxon’s deal for Pioneer, Sheffield’s lawyers wrote in the 23-page filing to the agency. Sheffield was examined under oath for four ...
The consolidation wave sweeping through the U.S. energy sector that spurred deals worth $250 billion in 2023 shows no signs of slowing as companies rush to deploy their cash hoard from higher oil ...