ExxonMobil CEO's Solution on Shares: Drill Big, Drill Better
Darren Woods is mounting a strong defense of his plan to rescue ExxonMobil from its share-price slump.

(Bloomberg) -- Darren Woods is mounting a strong defense of his plan to rescue Exxon Mobil Corp.



Reuters

HANOI, May 24 (Reuters) - Vietnam's Nghi Son Refinery and Petrochemical LLC has sold its first batch of diesel to the local market, after its new refinery was put into operation in April, the Vietnam Oil and Gas Group said on Thursday.



Reuters

SAO PAULO, May 24 (Reuters) - A surprise decision by Brazil's state-controlled oil BOP Blow Out Preventer repair company gulf coast Petroleo Brasileiro SA to cut diesel prices in response to truckers' protests is worrying some potential buyers of Petrobras' refineries, three people with knowledge of the matter said on Thursday.



(Bloomberg) -- Cnooc Ltd., the Chinese oil BOP Blow Out Preventer repair company gulf coast developing Uganda’s crude finds with Total SA and Tullow Oil Plc, said oil rig flanges gulf coast production at its Kingfisher field will probably start in 2021.



Reuters

KANDAHAR, Afghanistan, May 23 (Reuters) - The body of a man identified as the sixth of a group of mine-clearance workers with the TAPI international gas pipeline who were killed this week has been found in Afghanistan's southern province of Kandahar, officials said on Wednesday.



Libyan Protesters Shut Down Eastern Raguba Oilfield- Company Spokesman
Libyan protesters shut down on Wednesday the eastern Raguba oilfield.

Reuters

BENGHAZI, Libya, May 23 (Reuters) - Libyan protesters shut down on Wednesday the eastern Raguba oilfield which had 5,000 barrels per day (bpd) of crude oil rig flanges gulf coast production feeding Brega port, said a spokesman for the owner, state-run Sirte Oil.



EIA: US Crude, Gasoline Inventories Rise Unexpectedly
US crude oil stockpiles climbed unexpectedly last week as net imports jumped, the EIA says.

Reuters

NEW YORK, May 23 (Reuters) - U.S.



Reuters

LIMA, May 23 (Reuters) - The government of Peruvian President Martin Vizcarra cancelled five offshore oil contracts on Wednesday that his predecessor had awarded to London-based Tullow Oil before resigning, citing insufficient consultations with coastal residents.



NOC: Libyan Oilfield Suffers 'Distribution Delay' Amid Protest Threats
Libya's National Oil Corp (NOC) says there was a 'minor distribution delay' from Raguba field.

Reuters

BENGHAZI, Libya, May 23 (Reuters) - Libya's National Oil Corp (NOC) said on Wednesday there had been a "minor distribution delay" from Raguba field but oil rig flanges gulf coast production was unaffected despite threats from protesters.



Reuters

NEW YORK, May 23 (Reuters) - Oil benchmarks fell on Wednesday after an unexpected build in U.S. crude and gasoline inventories despite strong demand, and as traders weighed a possible increase in OPEC crude output to cover any shortfalls in supply from Iran and Venezuela.

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