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News Articles: permian basin

Pioneer Natural Resources' office is shown on Jan. 13, 2021, in Midland, Texas. Exxon Mobil's $60 billion deal to buy Pioneer has received clearance from the Federal Trade Commission, but the former CEO of Pioneer was barred from joining the new company's board of directors.

FTC bars former Pioneer CEO in Exxon Mobil deal, saying he colluded with OPEC

Exxon Mobil's $60 billion deal to buy Pioneer Natural Resources received federal clearance, but former Pioneer CEO Scott Sheffield was barred from joining the new company's board of directors.

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By:
  • The Associated Press