Stories Related to Second Oil Company Ceo Conspired With Opec To Keep Prices High, Ftc Charges

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Mon, 09/30/2024 - 10:33am

Second oil company CEO conspired with OPEC to keep prices high, FTC charges

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Hess CEO disqualified from Chevron board in merger, FTC Says
The US antitrust regulator will allow Chevron Corp. to proceed with its $53 billion acquisition of Hess Corp. on the condition Chief Executive Officer John Hess is barred from the supermajor’s board, ...
09/30/2024 - 1:58 pm | View Link
FTC Clears Chevron-Hess Merger, But Bans Hess CEO From Joining Board
The FTC cleared Chevron's $53 billion acquisition of Hess but barred CEO John Hess from joining Chevron's board after the merger, citing concerns about his previous communications with OPEC officials.
09/30/2024 - 10:50 am | View Link
Evidence CEOs Tried to Illegally Boost Oil Prices Grows as FTC Bars Hess from Chevron’s Board
FTC’s latest findings bolster claims of collusion among shale producers raised in ongoing Congressional probes and major class-action lawsuits.
09/30/2024 - 10:09 am | View Link
Second oil company CEO conspired with OPEC to keep prices high, FTC charges
Federal regulators are alleging a major oil company CEO conspired with foreign governments to keep oil and gas prices high. On Monday, the Federal Trade Commission (FTC) filed a complaint against John ...
09/30/2024 - 8:39 am | View Link
Another Big Oil CEO Caught Colluding with OPEC
New Federal Trade Commission complaint alleges new energy company executive worked with foreign countries to fix prices at artificially high levels ...
09/30/2024 - 8:35 am | View Link
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