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Denver, United States

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Your destination for news from Oil & Gas 360. See how Oil & Gas 360’s media bias impacts the breaking news stories of today. We’ve discovered 520 headlines written by Oil & Gas 360 during the past 3 months.

Oil & Gas 360’s media bias is . Ground News is unable to assign a bias rating and does not have ratings available from Ad Fontes Media, All Sides, and Media Bias/Fact Check. Is Oil & Gas 360 credible or reliable? Our Factuality score answers both of those questions. When it comes to Oil & Gas 360, we’ve assigned a Unknown factuality rating. Ratings are assigned by aggregating scores from Ad Fontes Media and Media Bias/Fact Check.

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Brazil to join OPEC+, group of major oil-exporting nations

OPEC+ · Brazil

Brazil to join OPEC+, group of major oil-exporting nations

46% Left coverage: 22 sources

Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s evolution into a major oil state just nine months ahead of hosting the United Nations’ annual climate summit.See the Story

OPEC+ is not considering delay to April oil supply hike, Novak says

Oil and Gas Sector · Riyadh

OPEC+ is not considering delay to April oil supply hike, Novak says

57% Center coverage: 7 sources

ConocoPhillips to sell interest in Ursa and Europa Fields to Shell for $735 million

Shell · Houston

ConocoPhillips to sell interest in Ursa and Europa Fields to Shell for $735 million

100% Center coverage: 2 sources

(Reuters) – ConocoPhillips said on Friday it would sell its interests in the Ursa and Europa Fields to Shell for $735 million. The transaction is expected to close by the end of the second quarter of 2025. “This transaction reflects our ongoing commitment to further strengthen our portfolio by divesting non-core assets and shows significant progress toward our $2 billion disposition target,” the company said. The assets being sold currently prod…See the Story

EU seeks more US gas to replace Russian supplies

Vladimir Putin · Russia

EU seeks more US gas to replace Russian supplies

100% Left coverage: 1 sources

The EU is also looking to develop renewable energy faster to reduce its overall dependence on the fuel, EU Energy Commissioner Dan Jorgensen said.See the Story

TotalEnergies to Invest $1-Billion in Green Hydrogen Projects

Air New Zealand

TotalEnergies to Invest $1-Billion in Green Hydrogen Projects

100% Right coverage: 2 sources

TotalEnergies and Air Liquide plan to invest a combined more than $1.046 billion (1 billion euros) in two electrolyzer projects to produce green hydrogen in the Netherlands, as part of the French supermajor’s efforts to slash emissions from its refineries in northwest Europe. TotalEnergies on Tuesday said it had signed agreements with French industrial gases firm Air Liquide to develop two projects in the Netherlands, for the production and deli…See the Story

Natural gas is still a dirty word, but it’s here to stay: WoodMac – Oil & Gas 360

Oil and Gas Sector

Natural gas is still a dirty word, but it’s here to stay: WoodMac – Oil & Gas 360

(Oil Price) – Natural gas will play a critical role in the global energy transition, serving as a bridge fuel between coal and renewables, according to a new report from Wood Mackenzie. Despite concerns over emissions and affordability, gas is expected to remain a key part of the energy mix for decades, particularly in power generation, industrial processes, and transport. According to WoodMac, natural gas demand has surged 80% over the last 25 …See the Story

Ecopetrol looks to boost production from Colombia’s oil-rich eastern block – Oil & Gas 360

Oil and Gas Sector · Barrancabermeja

Ecopetrol looks to boost production from Colombia’s oil-rich eastern block – Oil & Gas 360

(World Oil) – (Bloomberg) – State-controlled oil driller Ecopetrol SA sees “great potential” for development and exploration in Colombia’s crude-producing heartland alongside bets on U.S. fracing and offshore gas. The company said this month that it now has full ownership of the CPO-09 block in the nation’s oil-rich eastern plains after completing its $452 million acquisition of Repsol SA’s 45% stake. That investment’s strategic location near Ca…See the Story

Oil prices on track for weekly rise amid supply disruptions – Oil & Gas 360

Oil and Gas Sector · Russia

Oil prices on track for weekly rise amid supply disruptions – Oil & Gas 360

(Investing) – Oil prices fell on Friday, but were on course to secure a weekly gain, as traders eyed supply chain disruptions in Russia and a drawdown in U.S. gasoline and distillate stockpiles. Brent oil futures had fallen by 0.8% to $75.86 per barrel as of 08:05 ET (13:05 GMT), while West Texas Intermediate (WTI) crude futures had slipped by 0.9% to $71.85 per barrel. Oil prices rose this week as the Caspian Pipeline Consortium (CPC), a major …See the Story

U.S. crude oil inventories increase by 4.6 million barrels – Oil & Gas 360

Oil and Gas Sector · United States

U.S. crude oil inventories increase by 4.6 million barrels – Oil & Gas 360

Weekly Crude Oil Storage as of February 14, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 4.6 million barrels from the previous week. At 432.5 million barrels, U.S. crude oil inventories are 3% below the five-year average for this time of year, according to the EIA crude oil and petroleum weekly storage data, reporting inventories as of February 14, 2025. Summary of weekly petroleum…See the Story

Rubio Says U.S. Could Ease Sanctions Only If Russia Noticeably Changes Behavior

Sanctions · Moscow

Rubio Says U.S. Could Ease Sanctions Only If Russia Noticeably Changes Behavior

100% Right coverage: 1 sources

The United States will not lift any sanctions on Russia unless Moscow noticeably changes its behavior, U.S. Secretary of State Marco Rubio told European leaders in a call after the U.S.-Russia meeting in Riyadh. European leaders are concerned that they are being left out of talks and of the apparent major pivot in U.S. foreign policy after the top officials from the United States and Russia met earlier this week in Saudi Arabia to discuss a pote…See the Story

US Oil, Gas Rig Count Ticks Up Again

Oil and Gas Sector · United States

US Oil, Gas Rig Count Ticks Up Again

100% Right coverage: 1 sources

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, after a 2-rig increase in the week prior. The total rig count rose by 4 rigs, to 592, according to Baker Hughes, down 34 from this same time last year. The number of oil rigs rose by 7—down by 15 compared to this time last year. The number of gas rigs fell by 2, sinking to 99 for a loss of 21 …See the Story