ProPetro Holding Corp. appointed Exxon Mobil designee Alex Volkov to its board of directors, effective May 8. (Source: Shutterstock)
ProPetro Holding Corp. appointed Exxon Mobil designee Alex Volkov to its board of directors, effective May 8.
Volkov, who holds global energy expertise, is currently the transition executive tasked with planning the integration of Pioneer Natural Resources and Exxon.
“We extend a warm welcome to Alex who is bringing with him a wealth of experience from Exxon Mobil,” said ProPetro CEO Sam Sledge. “His proven leadership and industry acumen will be invaluable as we continue to execute on our strategy and deliver value to all our stakeholders.”
Additionally, Mark Berg, who has served as a director on ProPetro’s board since February 2019 and was previously appointed as Pioneer's designee, will remain on the board as an independent director.
Recommended Reading
Scott Sheffield Sues FTC for Abuse of Power Over Exxon-Pioneer Deal
2025-01-21 - A Federal Trade Commission majority opinion in May barred former Pioneer Natural Resources CEO Scott Sheffield from serving in any capacity with Exxon Mobil Corp. following its acquisition of the Permian Basin E&P.
Pickering Prognosticates 2025 Political Winds and Shale M&A
2025-01-14 - For oil and gas, big M&A deals will probably encounter less resistance, tariffs could be a threat and the industry will likely shrug off “drill, baby, drill” entreaties.
Hirs: Expansive Energy Policies Set to Shape 2025 Markets
2025-01-02 - The incoming administration’s policies on sanctions, tariffs, regulations and deportations will impact the oil and gas industry.
Republican States Sue BlackRock, Vanguard, State Street Over ESG
2024-12-03 - Texas Attorney General Ken Paxton decried the “weaponization” of the financial industry in pushing for climate goals while BlackRock and State Street called the suit, filed by 11 states, baseless.
Burgum: Yes to US Power Supply, Reliability; No on Sage Grouse
2025-01-16 - Interior Secretary nominee Doug Burgum said the sage grouse is neither endangered nor threatened; he'll hold federal leases as scheduled; and worries the U.S. is short of electric power and at risk of losing the “AI arms race” to China and other adversaries.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.