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IEA reports slow Q1 global oil demand growth, cites weaker OECD deliveries

The IEA's recent oil report shows slower global oil demand growth of 1.6mbbl/d in Q1 2024 due to “exceptionally weak” …

ExxonMobil makes FID on Whiptail project offshore Guyana

ExxonMobil has made a final investment decision to proceed with the Whiptail development offshore Guyana. This marks the sixth project in …

US DOJ calls for Enbridge ruling to be reconsidered

The Biden administration wants a US appeals court to tell a lower court to reconsider an order that would require …

Rhône Energies in talks to acquire Esso refinery in France

Rhône Energies, a consortium comprising Entara and Trafigura, has entered into an exclusive negotiation with Esso, a subsidiary of ExxonMobil, …

GeoPark in talks to acquire stakes in Argentina shale assets

GeoPark has announced its intention to acquire a non-operated stake in unconventional blocks within Neuquen Basin, Argentina. The Latin American oil …