Vista, Argentina’s second-largest unconventional oil and gas operator, plans to invest around $1.1 billion in 2024 to accelerate production in Vaca Muerta, the company’s founder and CEO, Miguel Galuccio said

Qatar is in talks with the German government about a possible purchase of Russian energy group Rosneft’s stake in the German refinery PCK Schwedt, which Berlin placed under trusteeship following Russia’s invasion of Ukraine

The largest U.S. oil company, Exxon Mobil, stated that oil and natural gas “will remain essential” in 2050, despite climate goals and changes in energy demand, due to their increasing use in the industrial sector

The American oil company Chevron reported a net profit of $9.935 billion in the first half of the year, a decrease of 21% compared to the same period last year

The Brazilian state oil company Petrobras announced that it has confirmed a natural gas discovery at the Uchuva-2 well off the coast of Colombia

The Spanish energy company Repsol announced a new share buyback program after reporting a 14% year-on-year increase in profit in the first half of the year

The Chilean state oil company ENAP (Empresa Nacional de Petróleo) will invest approximately $90 million over the next five years to increase crude oil production in Ecuador from Block 46 Mauro Dávalos Cordero (MDC)

The Bolivian state oil company YPFB will invest around 400 million dollars to drill gas wells and build facilities in a recently discovered “mega” natural gas field, the company reported

Saudi state oil giant Aramco made its return to the debt market after a three-year hiatus, joining top companies and governments in the Gulf that have tapped markets this year to fund investments

Shares of BP traded lower after the company revealed its operations update for the second quarter of fiscal year 2024, with oil operations expected to be weak following a strong first quarter