Lead stories: ExxonMobil’s third oil strike in Guyana could drive output towards 450 kboe/d; Canadian oil sands deals reach US$24 billion ytd, as ConocoPhillips announces a US$13.3 billion sell-down. Macro: Brent nudges up; oil and gas shares surge at the end of a grim Q1 for the sector. Companies: Chinese NOCs map out recovery agendas. M&A: ExxonMobil divests the majority of its Norwegian operated assets in another private equity deal; INPEX highgrades in Indonesia; BP to sell Forties Pipeline to Ineos. Exploration: Total unveils Vaca Muerta shale investment plans.