Federal Agencies Target ExxonMobil And Chevron Acquisitions
Chevron(CVX) Forbes·2024-04-21 02:42Oil is refined into gasoline, diesel, and jet fuel 24/7 at fewer and fewer refineries around the ... [+] nation.gettyThe Securities and Exchange Commission and Federal Trade Commission are evaluating pending oil company consolidations because of antitrust and climate related concerns. The ExxonMobil XOM acquisition of Pioneer Natural Resources PXD and Chevron’s CVX acquisition of Hess are at the top of their list. Senators and Congressmen seeking lower oil prices and lower greenhouse gas emissions are chimi ...