Energy News

U.S. gas prices low, but watch out for OPEC WASHINGTON, Nov. 22 (UPI) -- Though prices may hinge on OPEC decisions, holiday travelers in the United States are enjoying sub-$3 gas for the first time in years, market analysts said. FULL STORY »

Crude oil prices searching for OPEC direction NEW YORK, Nov. 22 (UPI) -- Crude oil prices staged an abrupt retreat in early trading Tuesday as doubts lingered over OPEC coordination. FULL STORY »    Where Russia's Lukoil sees oil prices going MOSCOW, Nov. 22 (UPI) -- Russian oil company Lukoil said during a meeting of the board of directors its two-year budget starting in 2017 would be based on oil priced at $40 per barrel.FULL STORY »    More reserves uncovered in Barents Sea STOCKHOLM, Sweden, Nov. 22 (UPI) -- Swedish energy company Lundin Petroleum said Tuesday it made an oil and gas discovery in a frontier area near an existing field in the Barents Sea. FULL STORY »    Amnesty International steps into Dakota Access pipeline row MANDEN, N.D., Nov. 22 (UPI) -- Rights group Amnesty International became the latest to wade into the controversy over the Dakota Access pipeline, alleging excessive force by area police. FULL STORY »    Eni ups renewable ante through work with GE MILAN, Italy, Nov. 22 (UPI) -- Italian energy company Eni said Tuesday it would work through a partnership with General Electric to build a stronger portfolio in the renewable energy sector. FULL STORY »