Wednesday, December 3, 2025
Ex-Pioneer CEO: Shale can’t thrive at $50 oil- oil and gas 360

Ex-Pioneer CEO: Shale can’t thrive at $50 oil

(Oil Price) – The founder of Pioneer Natural Resources has a warning for the U.S. oil producers—the next two years will not be easy, and “drill, baby, drill” isn’t happening at $50 oil price. Scott Sheffield, who founded Pioneer Natural Resources and sold last year the top Permian basin producer to ExxonMobil for $60 billion, expects two or three years in which

Williams says it welcomes Trump's support for Constitution gas pipeline- oil and gas 360

Williams says it welcomes Trump’s support for Constitution gas pipeline

(Investing) – WASHINGTON  -Williams Cos said on Friday it appreciated U.S. President Donald Trump’s support for its cancelled Constitution natural gas pipeline project through New York, and that it was interested in dusting off the project under the right circumstances. Trump had said Thursday he will meet New York Governor Kathy Hochul on Friday morning for talks that may include potentially reviving

U.S. and Vietnam sign $4-billion energy and minerals deals- oil and gas 360

U.S. and Vietnam sign $4-billion energy and minerals deals

(Oil Price) – American and Vietnamese companies signed this week several agreements in the energy and minerals sectors estimated to be worth $4.15 billion, as the Southeast Asian country looks to avoid U.S. tariffs and boost cooperation with U.S. firms. Vietnam’s Trade Minister Nguyen Hong Dien visited the United States this week and held talks with the US Trade Representative Jamieson

Petronas in talks to exit Argentina’s Vaca Muerta shale- oil and gas 360

Petronas in talks to exit Argentina’s Vaca Muerta shale

(Oil Price) – Petronas has launched a process to potentially sell its interest in a Vaca Muerta joint venture which would see Malaysia’s national oil and gas firm exit the Argentinian shale region, sources with knowledge of the matter have told Bloomberg. Petronas has already held discussions with a potential buyer about a sale of its 50% stake in La Amarga Chica