FTC reverses course and lets John Hess and Scott Sheffield join US supermajor boards

Regulator says original rulings against ExxonMobil and Chevron failed to show antitrust violations

Chevron chief executive Mike Wirth (left) and Hess chief executive John Hess (right) pictured on the floor of the New York Stock Exchange following the announcement of Chevron's deal to buy Hess Corp for $53 billion in October 2023. — Chevron chief executive Mike Wirth (left) and Hess chief executive John Hess (right) pictured on the floor of the New York Stock Exchange following the announcement of Chevron's deal to buy Hess Corp for $53 billion in October 2023.Photo: REUTERS/SCANPIX

Robert Stewart

North America Energy CorrespondentBaton Rouge

Published 18 July 2025, 16:19Updated 18 July 2025, 16:21

ExxonMobil Chevron Hess Pioneer Natural Resources Scott Sheffield