In today's episode:

* 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/ (https://thebenchmark.ayming.com/)

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

In today's episode:

* Oil is climbing again, on signals that OPEC and central bankers may be ready to prop up financial markets;

* OPEC production is sinking, thanks to a combination of careful planning and events outside the group's control;

* An election in Guyana will determine who holds the purse strings in the suddenly oil-rich nation;

* Two of the worlds largest energy conferences were canceled yesterday, after the World Health Organization raised its virus threat level.

Also, today we welcome Siemens as a new sponsor of The Daily Brief. Visit www.siemens.com/oilandgas (http://www.siemens.com/oilandgas) to learn more about Siemens’ engineering services and technologies for platforms and vessels, including FPSOs.

In today's episode, we look at what the coronavirus is doing to Chinese gas demand, and the rare steps China is taking in response; gas prices in the U.S. fall to a four-year low; and oil holds around $50 in spite of OPEC's inaction.

Integrating people, processes and technologies is a complex challenge in modern offshore drilling operations. From the operator's standpoint, finding a baseline of reliability and certainty to maximize rig operational time is a primary goal.

At Baker Hughes' 2020 Annual Meeting in Italy, we spoke with Chuck Chauviere, the company's Vice President of Subsea Drilling Systems, about how new technologies are driving predictivity into drilling actions, and helping to build the baseline of reliability and certainty that operators demand.

Digitalization is a critical tool for oil and gas companies, as they work to improve both production efficiency and compliance with climate change goals. While these new, interconnected systems expand across the exploration and production cycle, security risks are growing right along with them.Joining The Daily Brief today is Michael Porier, Managing Director with business and technology consulting firm Protiviti, to talk about cyber security risks, and how companies can mitigate these risks in their digital transformation plans.

Download the Protiviti report, "National Terrorism Advisory System (NTAS) Issues Bulletin on Potential Terrorism Threat to the U.S. Homeland From Nation-State Cyberattacks" here:https://www.protiviti.com/US-en/insights/protiviti-flash-report-nation-state-cybersecurity-threat-010720 (https://www.protiviti.com/US-en/insights/protiviti-flash-report-nation-state-cybersecurity-threat-010720)

Guyana's recoverable reserves jump with a new discovery, Texas voters will have an outsized impact on climate change, and we put a number to the barrels at risk to the coronavirus.

Oil hits a two-month low as the Asian virus threatens demand; one of the best-known shale bankers tells Houston to embrace the energy transition; continued Mediterranean tension has tankers piled up off Libya's coast.

At Davos, energy chiefs tout CO2 capture technologies while Greta Thunberg slams progress; the U.S. shale industry has already peaked for service companies; and oil claws back some recent losses following prolonged unrest in Libya.

One of the three energy forecasting agencies is completely wrong, the EU considers military intervention as Libyan oil output stops, and Republican lawmakers plot their own 'green' strategy to reach young voters.

DUC declines reflect a slowdown in U.S. shale, oil advances on Trump's trade agreement, Turkey's Mediterranean drilling plans raise tensions in the EU, and more