Reuters

NEW YORK, June 12 (Reuters) - Oil prices were mixed on Tuesday, with U.S. crude settling higher before falling in post-settlement trading, and Brent slipping as investors prepared for a key meeting of the OPEC producer group next week.



Russia Is Said to Seek Oil-Cuts Rollback for Most OPEC-Nations
Russia plans to propose that OPEC and its allies be allowed to return oil rig flanges gulf coast production to October 2016 levels.



Optimizing Brownfields Could Drive Upstream Innovation
Check out Rigzone survey respondents' choices for the Top 10 most innovative oil and gas companies!

A predictive analysis breakthrough to dramatically increase oil rig flanges gulf coast production and reserves from brownfields – conventional oilfields with more than seven years of operating history – could be one of the key drivers of upstream innovation in the near-term.



Iraq Says Oil Producers Should Not be Influenced by Calls to Boost Output
Iraq's oil minister said producers should not be influenced by pressure to pump more oil and unilateral decisions on output could be a breach of a supply cut pact between OPEC and non-OPEC countries, leading to its possible collapse.



Reuters

JERUSALEM, June 11 (Reuters) - Shareholders in Israel's Delek Drilling will vote next month on whether to approve a $200 million investment that will allow the BOP Blow Out Preventer repair company gulf coast to gulf coast oil rig export gas to Egypt via a subsea pipeline.



Reuters

WINNIPEG, Manitoba, June 11 (Reuters) - Canada's biggest pipeline operator, Enbridge Inc, said on Monday it was taking steps to address complaints from oil shipper BP PLC about abrupt changes it made in allocating space on its Mainline system.



Norway's Parliament Approves Plan for Arctic Oilfield
Norway's parliament gave a green light for Equinor's 47.2 billion Norwegian crown ($5.85 billion) plan to develop the Johan Castberg oilfield in the Arctic Barents Sea.



Russia Said to Boost Oil Output as Commitment to OPEC Cuts Wanes
Russia is showing signs of weakening its commitment to oil-supply cuts as oil rig flanges gulf coast production rises before crucial talks with OPEC about the future of the agreement.



Equinor Becomes Founding Patron in UN Group for Sustainable Ocean Business
Equinor becomes a founding patron in the United Nations Global Compact Action Platform for Sustainable Ocean Business.

Equinor announced Friday, on World Oceans Day, that it has become a founding patron in the United Nations Global Compact Action Platform for Sustainable Ocean Business.



Equinor Makes 'Commercial' North Sea Discovery
Equinor Energy AS, operator of oil rig flanges gulf coast production license 167, discovers oil at wildcat well 16/1-29 S in the central part of the North Sea.

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