International
Crude Oil , Trade , International
Kremlin: Putin, Saudi Crown Prince Agree Further Coordination on Oil Output Cuts
Online OPEC+ conference will discuss production reduction in mid-June.
International , Construction , Pipelines
Senators Weigh Additional Sanctions on Russia’s Nord Stream 2
Shaheen, Cruz consider broadening the scope of their sanctions legislation.
Crude Oil , International
Russian Minister, Oil Majors Reported to Discuss Output Cut Extension
The meeting is seen as support for stabilizing oil markets.
Investment , International , Health, Safety & Environment , Emissions
Oil CEOs Pen Open Letter Pushing for Climate Change Action
The letter addresses concerns that the COVID-19 crisis may push oil and gas companies and governments around the world to delay action on climate change.
Crude Oil , International , Storage
Oil Minister: India Looks to Store Cheap Oil in US
India’s plan is similar to Australia’s.
International , Infrastructure , Construction , Pipelines
EU Court Throws Out Challenge from Russian-Backed Nord Stream 2
General Court leaves it up to the member states to enforce the rules.
Crude Oil , International
Sources: Russian Oil Output Dips Toward OPEC+ Quota Limit
Energy Ministry ordered companies to cut production by 20%.
Crude Oil , Trade , International
First US Crude Oil Shipment Heads to Belarus, Pompeo Says
The first shipment of U.S. crude oil is heading to Belarus this week, fulfilling a commitment made in February, U.S. Secretary of State Mike Pompeo said.
International , Infrastructure , Construction , Pipelines
Germany Denies Nord Stream 2 Pipeline Waiver of EU Rules
Rules apply to operation, not construction of gas pipeline.
Crude Oil , Trade , International , Technology
PATH FORWARD: Dr. Yousef Alshammari Sees International Opportunities for US Service Companies
Dr. Yousef Alshammari, CEO and head of Oil Research at CMarkits, doesn't expect OPEC to scale back or deepen cuts at the group’s June meeting.