Exxon’s head of shale arrested for sexual assault allegations days before potential shale deal

Exxon Mobil Corp.’s (NYSE: XOM) head of shale is in jail for allegations of sexual assault, ahead of the energy giant’s potential acquisition of Pioneer Natural Resources Co. (NYSE: PXD), which reportedly could happen any day now. If it comes to fruition, the deal would be the largest in the history of the U.S. shale upstream sector.