Oil and Gas Sector
Stay current with all the latest and breaking news from Oil and Gas Sector, compare headlines and perspectives between news sources on stories happening today. In total, 15,769 stories have been published about Oil and Gas Sector which Ground News has aggregated in the past 3 months.Stay current with all the latest and breaking news from Oil and Gas Sector, compare headlines and perspectives between news sources on stories happening today. In total, 15,769 stories have been published about Oil and Gas Sector which Ground News has aggregated in the past 3 months.
Top Oil and Gas Sector News
Business · RiyadhOPEC+ agrees to add another 648,000 barrels per day in August, the same as for July. Russia's invasion of Ukraine exacerbated concerns about oil supplies, sending prices to record highs this year. The 13 members of OPEC, chaired by Saudi Arabia, and their 10 partners, led by Russia, drastically slashed output in 2020.See the Story
OPEC+ to maintain oil output policy, steers away from plans for September
50% Center coverage: 24 sources
Business · WashingtonU.S. President Joe Biden said he would see Saudi Arabia's king and crown prince during a visit to the country next month. Biden said the purpose of his trip was not to press them to increase oil output. He said he had indicated all the Gulf states should be increasing oil production generically, not Saudi Arabia particularly.See the Story
Biden says will see Saudi crown prince, won't push directly on oil
Coverage: 14 sources
Europe · UkrainePresident Joe Biden said Americans will have to stomach high gas prices for as long as it takes to beat back Russian President Vladimir Putin's invasion of Ukraine. Biden's comments echo those of U.K. Prime Minister Boris Johnson, his closest geopolitical ally. The national average gasoline price hit a record this month above $5 a gallon.See the Story
US Will Face High Gas Prices ‘as Long as It Takes,’ Biden Says
69% Right coverage: 13 sources
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AsiaBut from the meeting this Thursday nothing came out of the policy to be followed from September, despite the limited supply and the price increase.See the Story
OPEC+ endorses plan to increase oil production by 648,000 B/D in August
100% Left coverage: 1 sources
Europe · BerlinRussia reduced gas flows to Germany, Italy, Austria, the Czech Republic and Slovakia this month. European Union countries scramble to refill storage facilities with the fuel. Russian state-owned energy giant Gazprom has blamed a technical problem. German leaders have rejected that explanation and called the reductions a political move.See the Story
Germany sees possible Russian 'blockade' of key gas pipeline
Coverage: 5 sources
Oil and Gas Sector · HuntersvilleThe North Carolina Department of Environmental Quality filed a proposed Consent Order to hold Colonial Pipeline accountable. The Consent Order would require Colonial to take specific corrective actions and pay nearly $5 million related to the August 2020 fuel release in the Oehler Nature Preserve near Huntersville, North Carolina.See the Story
Consent order filed requiring Colonial Pipeline to pay nearly $5M penalty for 'state’s largest gasoline spill'
100% Center coverage: 1 sources
Oil and Gas Sector · Short PumpThe average price for a gallon of gas in Richmond on Thursday was $4.65, which is down three cents from Wednesday. Virginians are still paying $1.73 more for a gallons of gas compared to a year ago. June 30 marked the first day of Fourth of July weekend travel.See the Story
How to save money on gas this weekend
100% Right coverage: 1 sources
US & Canada · ColumbiaDespite high gas prices, a record 42 million Americans are expected to travel by car for the holiday weekend. Nightly rates at hotels are up $30 from last year and domestic flights are roughly $80 more expensive. The number of people choosing to fly has dropped this year, according to AAA.See the Story
Record number of Americans expected to travel for holiday weekend
100% Center coverage: 1 sources
BusinessBrent crude futures for September delivery fell $2.26, or 2%, to $110.19 per barrel. The August contract, which expires on Thursday, fell $1.05, or 0.9, to $115.21 a barrel. OPEC+ confirmed it would only increase output in August as much as previously announced despite tight global supplies.See the Story
Oil falls 2% on uncertainty over future OPEC+ output
Coverage: 2 sources
Oil and Gas Sector · BakersfieldAverage prices dropped three cents in Bakersfield to $6.32, which is 22 cents higher than last month and more than $2 more than last year. California gas stations starting to charge three cents more in taxes on gasoline beginning Friday as part of a law to automatically adjust the gasoline excise tax that passed in 2017.See the Story
Auto Club: Bakersfield sees slight drop in average gas prices
100% Center coverage: 1 sources
Oil and Gas SectorAs Joe Biden demands refineries ramp up production to cut gas prices, experts say the wrong steps now could push the U.S. even further from its emission goals.See the Story
Increasing U.S. oil production could set climate efforts back decades
100% Center coverage: 1 sources
