Today's headlines on the Daily Brief include:

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• Weatherford emerges from Chapter 11 bankruptcy and appoints a new board of directors;
  
• Accelerating Permian base decline demands more drilling to maintain current output;
  
• Canada’s energy industry is beginning to shine, just as U.S. shale loses its luster;
  
• Exxon and Chevron have both been targeted by a climate-activist investor group
  

Visit worldoil.com/news for more information on today's topics.