The agency barred Pioneer’s former CEO from Exxon’s board on allegations that he attempted to collude with OPEC to raise oil prices. On Thursday U.S. regulators gave the go-ahead to Exxon Mobil’s $60 billion purchase of Pioneer Natural Resources, but barred Pioneer’s former CEO from Exxon’s board on allegations that he attempted to collude with OPEC to raise oil prices.

 

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