Chevron and Exxon discussed merger last year after Covid pandemic devastated oil prices, reports say CNBCView Full Coverage on Google News

BING NEWS:
  • Merger Mayhem: FTC’s Oil Sector Crackdown Puts These 3 Pending Deals at Risk
    ExxonMobil (NYSE:XOM) recently completed its $60 billion acquisition of Pioneer Natural Resources. The deal expands the oil and gas giant’s presence in the oil-rich Permian basin. However, before the ...
    05/14/2024 - 6:24 am | View Link
  • Texas oil exec accused of colluding with OPEC, barred from ExxonMobil board
    At the center of the scandal and the board ban is longtime Texas oil executive Scott Sheffield. While exploring Pioneer’s merger with ExxonMobil, the Federal Trade Commission uncovered what Fortune ...
    05/9/2024 - 3:55 am | View Link
  • American Oil Tycoon Barred from Exxon Board Amid FTC Collusion Allegations with OPEC
    Scott Sheffield, the founder and former CEO of Pioneer Natural Resources, faces serious allegations from the Federal Trade Commission (FTC) for purportedly attempting to collude with the Organization ...
    05/3/2024 - 2:17 am | View Link
  • Exxon and Chevron Earnings Fall Back to Earth
    Exxon Mobil XOM-0.21%decrease ... in part due to anemic natural-gas prices and refining margins, as their run of record-setting results tapers off. The oil-and-gas companies combined to bank ...
    04/26/2024 - 11:37 am | View Link
  • Chevron posts Q1 profit beat with oil production gains
    Results beat consensus by 2% as recent acquisitions bolstered oil and gas volumes. Chevron and Exxon Mobil ... weak energy prices and fuels margins that have cooled in the last year.
    04/26/2024 - 12:32 am | View Link
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