FTC greenlights Exxon-Pioneer megadeal with a caveat. It s still a good sign for energy mergers

Get the Full StoryThe FTC barred Pioneer s former CEO from Exxon s board on allegations he attempted to collude with OPEC to raise oil prices.

U.S. regulators on Thursday gave the go-ahead to Exxon Mobil s 60 billion purchase of Pioneer Natural Resources, but barred Pioneer s former CEO from Exxon s board on allegations he attempted to collude with OPEC to raise oil prices.

Share: