News

How a contract clause sparked a feud between two of world's most powerful oil firms
The story behind how it unfolded shows how American oil executives’ usual cordial relationships were pushed to the breaking ...
Cryptopolitan on MSN6h
Secret contract clause ignited a 20-month war between two global oil giants
A single line buried in an old contract kicked off a 20-month battle between ExxonMobil and Chevron over the biggest offshore oil discovery in years.
MyChesCo on MSN8h
FTC Shuts Down Ex-Pioneer CEO’s Attempt to Join Exxon Board Amid Antitrust Concerns
The Federal Trade Commission has rejected a petition from Scott Sheffield, founder and former CEO of Pioneer Natural ...
the deep dive15h
Sheffield Renounces Exxon Board Seat Following Pioneer Acquisition Debacle
Scott Sheffield, the founder of Pioneer Natural Resources and one of ExxonMobil’s largest individual shareholders, has ...
TechnipFMC Enlisted for Equinor's Heidrun Extension Project
TechnipFMC secured an integrated engineering, procurement, construction, and installation contract for Equinor's Heidrun extension project in the Norwegian Sea.