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FTC reverses bans on two executives joining Chevron

U.S. Federal Trade Commission reverses bans on executives joining Chevron, Exxon boards

Decisions are the latest move by commission chairman Andrew Ferguson to reverse actions by his Democratic predecessor Lina Khan

Reuters on MSN · 4d

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 other oil producers.

The Wall Street Journal on MSN · 4d

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.

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 ...

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 ...

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 ...

Chevron prevails in Exxon fight and closes deal to buy Hess

Chevron Corp. won its arbitration battle with Exxon Mobil Corp. and has closed its $53-billion deal to buy Hess Corp. more ...

NBC DFW1y

Federal Trade Commission is investigating ExxonMobil's $60B deal to ...

Security filings show the Federal Trade Commission is investigating ExxonMobil’s $60 billion deal to ... Exxon reported $9.1 billion in profits in the quarter that ended Sept. 30, while ...

Fox Business1y

FTC investigates Exxon’s $60 billion deal for Pioneer

The Federal Trade Commission has sought additional information from the companies about the deal, a step it takes when reviewing whether a merger could be anticompetitive under U.S. law, Pioneer ...

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