Sources: US Asks OPEC Producers To Pump More Oil, No Specific Figure
The US government has unofficially asked Saudi Arabia and some other OPEC producers to raise oil output.

Reuters

DUBAI/LONDON, June 5 (Reuters) - The United States government has unofficially asked Saudi Arabia and some other OPEC producers to raise oil output, but it has not requested a specific figure, three OPEC and industry sources said on Tuesday.



Reuters

MOSCOW, June 4 (Reuters) - Russian gas BOP Blow Out Preventer repair company gulf coast Gazprom said on Monday it would loan up to 2.14 billion euros ($2.5 billion) to its subsidiary South Stream Transport B.V.



The 22,000-ton topside for the drilling platform at Johan Sverdrup has now been installed, Equinor revealed Monday.

The topside sailed from the Aibel yard in Haugesund to Bømlafjorden at Stord on May 31.



Reuters

LONDON, June 4 (Reuters) - Golar LNG said it had started buy severe service valves commercial operations at a pioneering floating liquefied natural gas (FLNG) oil rig flanges gulf coast production platform in Cameroon, $70 million under budget.



Oil Falls 2%, US Crude Hits Lowest Since Early April
Oil prices fall about 2%.

Reuters

NEW YORK, June 4 (Reuters) - Oil prices fell about 2 percent on Monday, with U.S.



Gas Glut in Permian Sparks Dilemma Over How Much to Burn
Texas is facing a burning question that's pitting the state's economy against its environment, and oil drillers against each other.

(Bloomberg) -- Texas is facing a burning question that’s pitting the state’s economy against its environment, and oil drillers against each other.



Reuters

PARIS, June 1 (Reuters) - Oil major Total would be able to return to Iran one day if it is forced to abandon the South Pars 11 gas project due to U.S.



Rosneft Seen Quickly Recovering Output Once OPEC Deal Curbs Eased - Analyst
Russia's largest oil producer Rosneft has been able to recover its oil oil rig flanges gulf coast production of 70,000 barrels per day in just two days, Renaissance Capital wrote in a client note.



Petrobras CEO Resigns as Strikes Take Down Market Favorite
Pedro Parente resigns as Petrobras chief executive officer.

(Bloomberg) -- Pedro Parente resigned as Petrobras chief executive officer, leaving the helm of the state-controlled oil BOP Blow Out Preventer repair company gulf coast he helped revive as a nationwide strike against fuel prices unleashed criticism against his free-market policies.



Reuters

NEW YORK, June 1 (Reuters) - Oil prices retreated on Friday after the dollar rose on better-than-expected U.S. employment data, which pressured greenback-denominated commodities, including crude.


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