The FTC approves the Exxon-Pioneer deal but blocks former Pioneer CEO from joining Exxon’s board due to accusations of colluding with OPEC to raise oil prices. Lawmakers raise concerns about industry concentration, while the deal is expected to close on Friday.
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Chesapeake Energy, the second-largest natural gas producer in the United States, has announced a $7.4 billion deal to acquire its smaller rival, Southwestern Energy. The all-stock transaction, which values Southwestern…
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Harbour Energy, the biggest producer in the UK North Sea, has announced an $11.2 billion acquisition of German oil and gas firm Wintershall DEA. The deal, expected to close in…