Nigeria commits to new OPEC+ targets after earlier non-compliance
From WorldOil.com DUBAI (Bloomberg) – Nigeria said it reaffirms its commitment to the OPEC+ deal struck on Saturday and “subscribes
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Oil prices rise as OPEC+ plans to extend production cuts
From WorldOil.com SINGAPORE (Bloomberg) –Oil headed for a sixth weekly gain after OPEC+ reached a tentative agreement to prolong its
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EIA data suggests official U.S. oil stockpile figures are too high
Culled from WoildOil.com NEW YORK (Bloomberg) –Oil traders and analysts scrutinizing U.S. inventory data for signs of a market recovery
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Turkey accelerates plans to drill in disputed Mediterranean waters
From WorldOil.com ANKARA (Bloomberg) – Turkey vowed to defend its interests in the eastern Mediterranean, where it’s preparing to issue
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Chevron shareholders want evidence of climate change performance
From WorldOil.com HOUSTON (Bloomberg) –In a rare move against Chevron Corp.’s board, shareholders of the U.S. oil giant are calling
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Petrofac secures Iraq contract extension with Basra Oil Company
From WorldOil.com LONDON – Petrofac’s Engineering & Production Services division (EPS) has secured a further six-month contract extension with Basra
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Halliburton launches real-time wireless depth correlation system
From WorldOil.com HOUSTON – Halliburton introduced the DynaTrac Real-Time Wireless Depth Correlation System, a new technology that reduces uncertainty and
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Oil prices fall on Russia’s readiness for pre-OPEC+ production levels
Culled from WorldOil.com SINGAPORE (Bloomberg) –Oil declined from the highest settlement in 11 weeks on signs Russia is supporting plans
Read MoreSwift production declines may keep shale operators on oil rebound’s sidelines
From WorldOil.com HOUSTON (Bloomberg) –Oil prices have surged more than 75% in the U.S. this month. But don’t expect a
Read MorePutin sets deadline for plan to support Russian oil industry
Moscow (Bloomberg) –Russian President Vladimir Putin gave his government until June 15 to come up with a plan to support
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