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  1. May 2, 2024 · The FTC said Thursday that Scott Sheffield, who founded Pioneer in 1997, colluded with OPEC and OPEC+ to potentially raise crude oil prices. Sheffield retired from the company in 2016, but he...

  2. May 2, 2024 · The FTC said Thursday that Scott Sheffield, who founded Pioneer in 1997, colluded with OPEC and OPEC+ to potentially raise crude oil prices. Sheffield retired from the company in 2016, but he...

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  4. May 3, 2024 · Key Takeaways. ExxonMobil said it completed its deal to buy Pioneer Natural Resources valued at nearly $60 billion after U.S. regulators set conditions. Including debt, ExxonMobil is committing...

    • Bill Mccoll
  5. May 2, 2024 · HOUSTON (Reuters) -U.S. regulators gave the go-ahead on Thursday to Exxon Mobil's $60 billion purchase of Pioneer Natural Resources, but barred Pioneer's former CEO from Exxon's board on...

  6. May 3, 2024 · As per the terms of the approval, Pioneer's co-founder and former CEO Scott Sheffield will be barred from joining Exxon's board due to allegations of attempted collusion with the Organization...

  7. May 6, 2024 · The regulatory agency barred Pioneer’s founder and former CEO Scott Sheffield from gaining a seat on the new company’s board of directors or serving as an advisor to Exxon following the acquisition over his alleged attempts to collude with the Organization of Petroleum Exporting Countries and its affiliated group, OPEC+.

  8. May 3, 2024 · (Reuters) - Exxon Mobil has closed its $60 billion purchase of Pioneer Natural Resources, the oil and gas producer said on Friday, a day after receiving a go-head from the U.S. Federal Trade...

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