US regulator approves ExxonMobil-Pioneer merger — with major caveat

FTC says Pioneer founder cannot serve on ExxonMobil’s board

Pioneer Natural Resources chief executive Scott Sheffield. — Pioneer Natural Resources chief executive Scott Sheffield.Photo: CERAWEEK BY S&P GLOBAL

Robert Stewart

North America Energy CorrespondentBaton Rouge

Published 2 May 2024, 14:13Updated 2 May 2024, 22:12

Pioneer Natural Resources ExxonMobil FTC Americas North America