Exclusives

Cairn Energy, Senegal, SNE, offshore, oil, gas, reservoir

The company is preparing for a third phase of exploration and appraisal drilling.

Cobalt International, Angola, sale, Sonangol, gas, Block 20, Block 21, oil, Gulf of Mexico, Timothy Cutt

The company is focusing on selling Angola assets, addressing liquidity and moving discovered resources into production by 2021.

diamond in the rough, oil, gas, Shell, reserves, mature, basin, Eni

Mature basins continue to represent a vital source of fresh reserves in a cautious climate.

Exxon Mobil, ExxonMobil, unconventionals, Guyana, Liza, shale, oil, gas, profit, loss, second-quarter

ExxonMobil saw its earnings fall in the second quarter to $1.7 billion, a nearly 60% drop from the same period in 2015.

Shell, Gulf of Mexico, deepwater, divestment, Ben van Beurden, Fort Sumter

News of a deepwater Gulf of Mexico discovery is made as the company reports falling profits and growth priorities.