Event

FTC consent order on Exxon and Pioneer, 2024–2025

FTC order of 2024 and 2025 that barred Exxon from putting Scott Sheffield on its board; the FTC set it aside on 17 July 2025.

5 links, 5 backed by primary records

Connections 5

U.S. Federal Trade Commission issued the order; set it aside in July 2025 Primary record 1
ExxonMobil consented to the order, and in 2025 to vacating it Primary record 2
Scott Sheffield the person the order barred from Exxon’s board; his March 2025 petition to set it aside was denied in July 2025 for lack of standing Primary record 1
Pioneer Natural Resources the company Exxon bought for $64.5 billion Primary record 2
The Williams Companies the other company whose board Sheffield sat on, the basis of the complaint’s interlock count Primary record 2

Timeline 1 date

Proof 2 sources

FTC Reopens and Sets Aside Exxon-Pioneer Final Order, Federal Trade Commission, 17 Jul 2025. Primary record Archived copy
Today, the Federal Trade Commission reopened and set aside the final consent order involving Exxon Mobil Corporation’s proposed acquisition of Pioneer Natural Resources Company.
In March 2025, Mr. Sheffield petitioned the FTC to reopen and vacate the order
The FTC denied Mr. Sheffield’s petition because he lacked standing.
Order Reopening and Setting Aside Order, In the Matter of Exxon Mobil Corporation (Docket C-4815), Federal Trade Commission, 17 Jul 2025. Primary record Archived copy
Exxon consented to an order that prohibited
Exxon has informed the Commission that it consents to vacating the Order
by which Exxon agreed to acquire Pioneer for $64.5 billion
Mr. Sheffield serves on the Board of Directors of The Williams Companies, Inc. (“Williams”), a company focused primarily on natural gas transportation.

Page history 1 change