Sunday, September 14, 2025
U.S. shale producers' Pioneer Natural, Parsley prepare job cuts- oil and gas 360

U.S. shale producers’ Pioneer Natural, Parsley prepare job cuts

Reuters Two U.S. shale oil producers, Pioneer Natural Resources Co and Parsley Energy Inc, are planning to trim staff in coming days, people familiar with the matter said on Monday, after each posted large second-quarter losses. The cost cuts are the latest by oil and gas producers as oil demand and prices have plunged due to the COVID-19 pandemic. More

Gas and nuclear industries fight to the end for 'green' EU investment label- oil and gas 360

Gas and nuclear industries fight to the end for ‘green’ EU investment label

Reuters BRUSSELS/LONDON  – The gas and nuclear industries have ramped up lobbying to secure last-ditch changes to European rules defining which investments are sustainable, fearing that exclusion from a new “green” list could deprive them of billions of dollars of funding. The climate section of the EU’s Sustainable Finance Taxonomy is due to be finalised this year and it could