March
Ruptured Oil Pipeline Causes South Sudan’s Revenues to Nosedive
South Sudan’s state revenues have plummeted as a result of a ruptured pipeline crucial for the country’s ability to export crude to foreign markets.
Exxon, Cnooc Merge Guyana Arbitration Claims Against Chevron
Exxon Mobil Corp. and Cnooc Ltd. merged arbitration claims against Chevron Corp.’s proposed takeover of Hess Corp. that would allow the US oil supermajor to enter Guyana’s Stabroek Block.
Oil Seals Quarterly Gain With OPEC+ Curbs Tightening Market
Oil scored a 16% quarterly gain in the latest sign that export curbs by OPEC and its allies are reining in global supplies.
