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Scott Sheffield Claims Exxon CEO Betrayed Him in $60 Billion Pioneer Deal

Bloomberg Markets·September 24, 2026·1 min read

Scott Sheffield, a pioneer of the US shale boom, said ExxonMobil CEO Darren Woods betrayed him by failing to support him in a Federal Trade Commission dispute, despite a promise to do so. The conflict stems from the $60 billion Pioneer deal, with Sheffield alleging Woods reneged on his word during the regulatory battle.

Read at Bloomberg Markets
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