By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > News > ExxonMobil’s head of shale held on sexual assault charges
News

ExxonMobil’s head of shale held on sexual assault charges

News Room
Last updated: 2023/10/08 at 10:22 PM
By News Room
Share
3 Min Read
SHARE

Stay informed with free updates

Simply sign up to the Exxon Mobil Corp myFT Digest — delivered directly to your inbox.

The head of ExxonMobil’s shale oil and gas business, which is central to the energy giant’s biggest takeover in decades, has been arrested on charges of sexual assault.

David Scott, vice-president of Exxon’s upstream unconventional unit, was arrested on Thursday with his bail set at $30,000, according to records at the Montgomery County Sheriff’s Office in Texas, which showed he faces a second-degree felony assault charge.

The 49-year-old has been with Exxon for more than 26 years, according to his LinkedIn profile, working up through the company’s Australian operations before taking on leadership roles across its international businesses in the UK, United Arab Emirates and Angola.

Scott did not immediately reply to a message to his LinkedIn account.

Exxon said in a statement it was aware of the allegations and could not comment publicly on a personal matter. But it said “this individual will not continue work responsibilities” as the investigation proceeds.

“All ExxonMobil employees, officers and directors are accountable for observing the highest standards of integrity and code of conduct in support of the company’s business and otherwise,” Exxon’s statement added.

Scott’s role includes oversight of Exxon’s operations in the sprawling Permian Basin, America’s most prolific oilfield stretching across Texas and New Mexico, which forms a key pillar of the company’s growth plans.

His arrest comes at a pivotal moment for Exxon as the company works on its biggest acquisition since it merged with Mobil in 1999: a deal for shale producer Pioneer Natural Resources, which is valued at more than $55bn.

A takeover of Pioneer — the biggest player in the Permian — would make Exxon the undisputed leader in the basin, accounting for about 15 per cent of total oil production.

Police records show Scott was arrested at a budget La Quinta Inn & Suites hotel near Exxon’s headquarters in Spring, Texas. The hotel manager declined to comment.

Read the full article here

News Room October 8, 2023 October 8, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Gold prices on the move, Tesla set to report earnings after the bell

Watch full video on YouTube

How AI Is Killing The Value Of A College Degree

Watch full video on YouTube

The 200-Year-Old Secret: Why Preferred Stock Is The Ultimate Fixed Income Hybrid

This article was written byFollowRida Morwa is a former investment and commercial…

US steps up blockade of Venezuela by seeking to board third oil tanker

Unlock the White House Watch newsletter for freeYour guide to what Trump’s…

Fraudsters use AI to fake artwork authenticity and ownership

Stay informed with free updatesSimply sign up to the Artificial intelligence myFT…

- Advertisement -
Ad imageAd image

You Might Also Like

News

The 200-Year-Old Secret: Why Preferred Stock Is The Ultimate Fixed Income Hybrid

By News Room
News

US steps up blockade of Venezuela by seeking to board third oil tanker

By News Room
News

Fraudsters use AI to fake artwork authenticity and ownership

By News Room
News

JPMorgan questioned Tricolor’s accounting a year before its collapse

By News Room
News

Delaware high court reinstates Elon Musk’s $56bn Tesla pay package

By News Room
News

How Ford’s bet on an electric ‘truck of the future’ led to a $19.5bn writedown

By News Room
News

Which genius from history would have been the best investor?

By News Room
News

How Friedrich Merz’s EU summit plan on frozen Russian assets backfired

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?