Chevron (CVX) is finalizing a production-sharing agreement with Angola and the Democratic Republic of Congo to operate their shared offshore oil block, Congo's oil minister told Bloomberg.
The Netherlands government said it will support Shell (SHEL) in its efforts to reduce its carbon emissions in the country, including through financial support and streamlined permitting.
President Biden is still no ally of the oil industry, ConocoPhillips (COP) CEO Ryan Lance told The Financial Times, even after approving the company's big Willow oil project in Alaska.
Hess (HES) said the consortium that controls Guyana's oil production is prepared to relinquish 20% of the Stabroek block, but would not concede any areas where it now produces or will do so