In today's episode:

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• Exxon and Chevron's CEOs are looking at a challenging week for earnings results on Wall Street;
  
• Oil prices held on to gains, as a key OPEC committee looks set to recommend higher production cuts for the group's meeting on Thursday;
  
• The managers of Alaska's $67 billion sovereign wealth fund are not pleased with a key bank that's opposed to Arctic drilling projects;
  
• We'll take a quick look at the role R&D tax credits can potentially play in meeting energy transition goals;
  
• The Texas Railroad Commission posted its total oil and gas production numbers for the state in calendar year 2019.
  

Learn more about the Ayming US report on R&D tax credits here: https://thebenchmark.ayming.com/

Today's episode of The Daily Brief is sponsored by Siemens. Visit www.siemens.com/oilandgas to learn more about Siemens’ engineering services and technologies for platforms and vessels, including FPSOs.