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Author: energynews

FTC Conditionne Rachat Exxon-Pioneer

FTC gives green light to ExxonMobil’s acquisition of Pioneer

The FTC approved ExxonMobil’s acquisition of Pioneer Natural Resources, but stipulated that Scott Sheffield, ex-CEO of Pioneer, would not join ExxonMobil’s board of directors. This condition underlines the regulatory complications in a fast-changing energy market.