June
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Oil Set for First Monthly Decline This Year Before OPEC+ Meeting
Oil is heading for the first monthly decline since November as OPEC+ ministers prepare to gather to discuss the group’s supply policy.
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Baker Hughes and Petrosafe partner to reduce flaring emissions in Egypt
Baker Hughes and Petrosafe, a subsidiary of the Egyptian General Petroleum Corporation (EGPC), have agreed on the first deployment of Baker Hughes’ flare.IQ technology in refinery operations in Egypt to help reduce emissions from oil and gas flaring operations, the companies said.
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Equinor sells Gulf of Mexico field project operation to Shell
Equinor has agreed to sell to Shell 51% of its interest in the North Platte deep water development project in the US Gulf of Mexico, the companies said on Thursday.