_ftc-approves-exxon-mobil39s-acquisition-of-pioneer-expanding-presence-in-permian-basin.jpg "FTC Approves Exxon Mobil's Acquisition of Pioneer, Expanding Presence in Permian Basin from vietnam trade Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:40
👁 View: 125K times
✓ Published: 04-May-2024
👁 View: 125K times
✓ Published: 04-May-2024
Description:
The Federal Trade Commission has given the green light to Exxon Mobil's acquisition of Pioneer Natural Resources, a move that will greatly expand the energy giant's presence in the highly coveted Permian Basin. However, former Pioneer CEO Scott Sheffield will not be joining the board of the newly merged company due to allegations of colluding with OPEC. Pioneer has made it clear that they will not interfere with the merger, despite their disagreement with the accusations. Exxon's acquisition of Pioneer significantly enhances its footprint in the Permian Basin by merging Pioneer's extensive Midland Basin acreage with Exxon's holdings, enabling cost reductions due to the proximity of these assets.
The Federal Trade Commission has given the green light to Exxon Mobil's acquisition of Pioneer Natural Resources, a move that will greatly expand the energy giant's presence in the highly coveted Permian Basin. However, former Pioneer CEO Scott Sheffield will not be joining the board of the newly merged company due to allegations of colluding with OPEC. Pioneer has made it clear that they will not interfere with the merger, despite their disagreement with the accusations. Exxon's acquisition of Pioneer significantly enhances its footprint in the Permian Basin by merging Pioneer's extensive Midland Basin acreage with Exxon's holdings, enabling cost reductions due to the proximity of these assets.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_millions-for-what-tesla-reportedly-took-3617m-in-federal-charging-grants-before-elon-musk-laid-off-supercharger-team.webp "EV giant Tesla reportedly earned over $17 million in charging infrastructure grants before it decided to lay off its supercharger team and downsize its charging infrastructure deployment goals.")
_missile-attack-by-yemen39s-houthi-rebels-damages-ship-in-red-sea-authorities-claim.webp "A missile attack by Yemen's Houthi rebels damaged a ship in the Red Sea on Monday, authorities said, the latest assault in their campaign against shipping in the crucial maritime route.<br/><br/>The attack happened off the coast of Mokha, Yemen, the British military's United Kingdom Maritime Trade Operations center said.<br/><br/>Subscribe to the Manila Bulletin Online channel! - https://www.youtube.com/TheManilaBulletin<br/><br/>Visit our website at http://mb.com.ph<br/>Facebook: https://www.facebook.com/manilabulletin <br/>Twitter: https://www.twitter.com/manila_bulletin<br/>Instagram: https://instagram.com/manilabulletin<br/>Tiktok: https://www.tiktok.com/@manilabulletin<br/><br/>#ManilaBulletinOnline<br/>#ManilaBulletin<br/>#LatestNews")
_turkey-puts-brakes-on-trade-with-israel-amid-escalating-palestinian-crisis-report124-oneindia-news.webp "Turkey halts all trade with Israel due to ongoing violence against Palestinians in Gaza. The move follows previous export restrictions and aims to pressure Israel into facilitating humanitarian aid. Turkey pledges to rigorously implement the measures until the flow of aid to Gaza is ensured. <br/> <br/> <br/>#Turkey #Palestine #Gaza #Turkiye #IsraelGazawar #IsraelPalestine #Worldnews #Israelwarlive #Oneindia #Oneindianews <br/>~PR.320~ED.102~GR.123~HT.318~")
⏲ 2:24 👁 150K
_francisco-lindor39s-slow-start-is-it-time-to-trade.webp "Francisco Lindor's Slow Start: Is It Time to Trade? from vietnam trade")
_hong-kong-launches-bitcoin-and-ether-etfs-debut-day-trading-volumes-fall-short.webp "Hong Kong launched its first bitcoin and ether exchange-traded funds, which had lower-than-expected trading volumes, totaling just over $11 million on their debut day. Bitcoin ETFs accounted for $8.5 million in volume while ether ETFs saw $2.5 million. Issuers had projected over $100 million in initial volume. Ether ETFs are allowed in Hong Kong, unlike in the U.S. where the SEC has not clarified whether ether is a security. The soft debut volume may raise questions about the appetite for crypto ETF products in Hong Kong versus other markets.")
_millions-for-what-tesla-reportedly-took-3617m-in-federal-charging-grants-before-elon-musk-laid-off-supercharger-team.jpg)
_missile-attack-by-yemen39s-houthi-rebels-damages-ship-in-red-sea-authorities-claim.jpg)
_turkey-puts-brakes-on-trade-with-israel-amid-escalating-palestinian-crisis-report124-oneindia-news.jpg)
_francisco-lindor39s-slow-start-is-it-time-to-trade.jpg)
_hong-kong-launches-bitcoin-and-ether-etfs-debut-day-trading-volumes-fall-short.jpg)
![[+]](/images/menu.gif){kind=small}