Energy News

Let's consider freezing oil production, Russia says DOHA, Qatar, Nov. 18 (UPI) -- Major oil-producing nations could implement a freeze in output levels as a tool to bring the market back into balance, Russia's energy minister said Friday. FULL STORY »

Oil prices start Friday in hesitant rally WASHINGTON, Nov. 18 (UPI) -- Crude oil prices moved higher to start the day on Friday on competing strains from production levels outside of OPEC and sentiment for a market deal. FULL STORY »    How Iran and Russia are locking step on oil TEHRAN, Nov. 18 (UPI) -- A Russian delegation visiting Tehran on Friday signed a handful of agreements to work with an Iranian oil company, a managing director said. FULL STORY »    Why Norway adds to supply-side worries STAVANGER, Norway, Nov. 18 (UPI) -- Total production of oil and natural gas last month from Norwegian reservoirs was about 30 percent higher than September, the government said Friday. FULL STORY »    Donald Trump will save us, Colorado oil and gas advocates say DENVER, Nov. 18 (UPI) -- A late-term decision from the Obama administration to sideline some Colorado oil and gas reserves drew fire from industry circles anticipating an about-face. FULL STORY »    Some tough choices for Alberta's oil-based economy EDMONTON, Alberta, Nov. 18 (UPI) -- The central component of economic hardship in the oil-rich Canadian province of Alberta is a lack of diversification, the provincial leader said.FULL STORY »    MOL confirms Interpol no longer seeks its CEO BUDAPEST, Hungary, Nov. 18 (UPI) -- A spokesperson for Hungarian energy company MOL confirmed Friday that an international arrest warrant for its chairman was canceled by Interpol. FULL STORY »