News

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 ...
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 ...
Chevron Buys Into One of World’s Hottest Oil Projects
An arbitrator cleared the way for Chevron to buy Hess, allowing the energy giant to acquire a piece of one of the most ...
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FTC Lifts Boardroom Bans in Exxon and Chevron Takeover Cases
The U.S. Federal Trade Commission (FTC) has reversed restrictions that previously blocked former CEOs of acquired oil ...
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 ...
FTC Nixes Orders Banning Hess, Sheffield from Chevron, Exxon Boards
The FTC voted 3-0 to set aside orders barring oil veterans John Hess and Scott Sheffield from serving on the Chevron and Exxon boards, respectively.
Ex-Pioneer CEO cannot challenge order barring him from Exxon board, FTC says
Scott Sheffield, the founder and former CEO of Pioneer Natural Resources, cannot directly challenge a Biden-era order barring ...
Trump trade regulators reverse Biden-era block on oil board seats
The move marks a departure from the regime of former chair Lina Khan and former president Joe Biden’s tougher antitrust ...
FTC bars Scott Sheffield from Exxon board, rejects challenge over OPEC ties
Sheffield filed a petition in March requesting the FTC reconsider the final consent order, which also prohibits Exxon from ...
FTC Refuses to Overturn Ban Preventing Oil Company Founder From Serving on Exxon Mobil Board
But the agency set aside Pioneer Natural Resources founder Scott Sheffield's request on technical grounds, saying he made the ...