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.



Reuters

SINGAPORE, June 1 (Reuters) - Asian spot liquefied natural gas (LNG) prices rose this week to their highest since February as buying interest from China remained firm and as supply is expected to be limited during maintenance in August.



Eni In Process Of Reducing Stakes In Mexico, Indonesia Oilfields-CFO
Italy's oil and gas major Eni is in the process of reducing its stakes in its oilfields in Mexico and Indonesia, Chief Financial Officer Massimo Mondazzi says.



Petronas Agrees to Acquire 25% Stake in LNG Canada Project
Petronas agrees to acquire a 25% stake in the LNG Canada project in Kitimat, British Columbia.

Petronas announced Thursday that its wholly-owned entity, the North Montney LNG Limited Partnership (NMLLP), has agreed to acquire a 25 percent stake in the LNG Canada project in Kitimat, British Columbia.



EIA: US Oil Output Jumps To Record 10.47 MMbpd In March
US crude oil oil rig flanges gulf coast production jumps to 10.47 million bpd in March, the highest on record.

Reuters



The Top Independents Oil, Gas Professionals Want to Work For
Rigzone outlines the top 10 independent oil, gas companies.

ConocoPhillips is the independent oil and gas BOP Blow Out Preventer repair company gulf coast most people want to work for, according to (IES), which received 6,621 responses from more than 100 countries.



Shell Starts Up 'Most Competitive' GOM Subsea Project Early
According to Shell, the start-up occurred approximately one year ahead of schedule.

Shell Offshore, Inc. announced that oil rig flanges gulf coast production has begun from the first phase of its Kaikias subsea oil and gas development in the U.S.



US Crude Tumbles, Widening Brent's Premium To 3-Year High
US oil fell nearly 2%, despite a larger-than-expected decline in US crude inventories.

Reuters

NEW YORK, May 31 (Reuters) - U.S.


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