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News from Oil and Gas Sector

Stay current with all the latest and breaking news about Oil and Gas Sector, compare headlines and perspectives between news sources on stories happening today. In total, 6,886 stories have been published about Oil and Gas Sector which Ground News has aggregated in the past 3 months.

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Top Oil and Gas Sector News

'Bombshell' OPEC+ output hike hits oil price

'Bombshell' OPEC+ output hike hits oil price

Coverage: 17 sources

Oil prices slumped on Monday after eight OPEC+ members announced a sharp increase in production, while Asian stocks treaded water in thin trade with major markets closed.See the Story

Quebec Liberal leadership hopefuls say they're open to fossil-fuel projects

Quebec Politics · Quebec

Quebec Liberal leadership hopefuls say they're open to fossil-fuel projects

69% Left coverage: 13 sources

Several candidates for the leadership of the Quebec Liberal Party say they’re open to fossil-fuel projects in the province as a means to boost Canada’s energy independence. In Laval, Que. on Saturday, energy development played a central role in a leadership debate focused on the province’s economy. Karl Blackburn, former president of a Quebec employers group, said he would send a “clear message” that the province is ready to consider oil and gas projects “in a geopolitical world that has completely changed.” He said Quebec is heavily reliant on oil and gas that travels through the United States, which he said is a risk given the threats to Canada from President Donald Trump.See the Story

Shell is studying merits of buying BP, Bloomberg News reports

Shell · United Kingdom

Shell is studying merits of buying BP, Bloomberg News reports

46% Center coverage: 11 sources

Shell Plc is working with advisers to evaluate a potential acquisition of rival BP Plc, though it is waiting for further stock and oil price declines before deciding whether to pursue a bid, Bloomberg News reported on Saturday citing people familiar with the matter. The oil major has been more seriously discussing the feasibility and merits of a takeover with its advisers in recent weeks, the report said, adding that any final decision will likely depend on whether the rival's stock continues to slide.See the Story

Blindspots

Two dead after Peruvian Navy Ship collided with oil platform on Amazon river

Two dead after Peruvian Navy Ship collided with oil platform on Amazon river

Two dead after Peruvian Navy Ship collided with oil platform on Amazon river

Profits for American oil giants like Exxon Mobil and Chevron fade in tandem with oil demand

Profits for American oil giants like Exxon Mobil and Chevron fade in tandem with oil demand

Profits for American oil giants like Exxon Mobil and Chevron fade in tandem with oil demand

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