It is shaping up to be an intriguing two days in Vienna. Ministers with some of the largest oil reserves in the world will gather Thursday to determine if the more than $25 slide in global energy prices requires urgent action.
OPEC faces difficult balancing act
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energy,
OPEC
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The price of oil rose for a third straight day as traders searched for clues to whether the Federal Reserve may consider additional measures to spur economic growth. Here’s how energy contracts traded …
Oil price climbs for 3rd day, tops $85 per barrel
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economic growth,
energy,
federal reserve,
Oil
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Eager to feed its growing energy appetite, China’s worldwide buying binge for oil and other energy assets is spreading to North and South America.
CHINA’S OIL DEALS
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china,
DEALS,
energy,
Oil
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A Kuwaiti-led energy consortium on Wednesday won the right to search for oil and gas in southern Iraq as part of the country’s fourth postwar energy auction. Two natural gas exploration deals meanwhile …
Iraq holds 4th postwar oil and gas auction
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energy,
Iraq
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New Mexico regulators, grappling with how to best regulate the oil and natural gas industry, heard from energy producers Thursday who have seen their costs rise and ranchers who are concerned about contamination.At …
Group: NM lacks adequate oil and gas enforcement
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energy,
mexico,
NM
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Russia’s main stock index on Thursday hit its lowest point since Oct. 5 as oil prices keep falling, lowering revenue from the country’s lucrative energy sector and as fears grow that Greece’s political …
Russian markets hit 8-month low on oil price drop
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energy,
Greece,
russia
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InterOil Corp said Papua New Guinea’s energy department planned to cancel approval for its $6 billion liquefied natural gas complex but it was confident the project could be saved. The department asked …
InterOil confident $6 billion PNG gas project can be saved
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energy,
Papua New Guinea,
PNG
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Producer prices unexpectedly fell in April as energy costs dropped by the most in six months, a sign of easing inflation pressures that could give the Federal Reserve more room to help the economy should …
Producer prices drop, giving Fed more space
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economy,
energy,
federal reserve
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The price of oil fell 2 percent Tuesday, extending a weeklong decline, as signs of global economic weakness raised concerns about energy demand.Oil has fallen every day since May 1. The price of benchmark …
Oil prices fall for a 5th day, down 2 percent
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energy,
Oil
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Maine energy officials say the statewide average cash price for home heating oil is $3.77 per gallon, an 8-cent reduction since March 26.The Governor’s Energy Office says Monday’s survey shows the highest …
Maine average heating oil price down since March
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energy
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