SHERBROOKE — A lawyer for the driver of the train that crashed in Lac-Mégantic in 2013 is no longer seeking a stay of proceedings in his client’s criminal case. Thomas Walsh says Tom Harding wants to prove his ...

Crude prices could plunge as low as $10 per barrel within a decade as a result of five energy “tsunamis,” according to Thierry Lepercq, innovation chief for French energy company Engie. In an interview with ...

The world's largest independent oil trader Vitol has signed a deal to provide Iran with a major loan worth $1 billion - a landmark move that can help expedite the country’s crucial plans to boost its production of ...

U.S. West Texas Intermediate (WTI) crude oil futures were trading at .26 per barrel at 0024 GMT, unchanged from their settlement on Wednesday, when prices rose around 2 percent. (Reuters) Oil prices were firm on ...

'The ruling provides a Constitutional template, it draws boundaries, and there is this expectation that henceforth political parties will not make crude appeals to religion for electoral gains.' Zoya Hasan -- Professor ...

While the protests against the Dakota Access pipeline have gained international attention, a lesser-known fight in New Jersey, led by the Ramapough Lunaape Nation against a major oil pipeline that is slated to cross ...

THE deflation bugbear that the European Central Bank has battled for the past couple of years appears to have been seen off, at least for now. Consumer prices across the 19 countries that use the euro grew in December ...

MOSCOW, Jan. 3 (UPI) -- Government data show Russia, a main component of a managed decline from world producers, turned out 2.5 percent more oil year-on-year. Effective Monday, members of the Organization of Petroleum ...

The Nigerian National Petroleum Corporation (NNPC) on Tuesday announced 39 winners of crude oil term contract bids. NNPC published the list of the winners and the quantity of crude oil each contract entailed in order ...

(Adds details of contracts; TABLE) By Alexis Akwagyiram and Libby George LAGOS/LONDON, Jan 3 State-run Nigerian National Petroleum Corporation (NNPC) has awarded its 2017 crude oil term contracts to 39 companies, the ...

BANGOR, Maine — Police in Bangor, Maine, are making use of a 1970s progressive rock hit by Manfred Mann's Earth Band to encourage people to clear the snow off their cars before driving. Sgt. Tim Cotton posted on ...

SeoulReuters Seoul Oil prices rose in the first trading hours of 2017, buoyed by hopes that a deal between Organization of Petroleum Exporting Countries (OPEC) and non-OPEC members to cut production, which kicked in on ...

Saudi Arabia has forecast its revenue from crude oil will significantly rise in 2017, as prices show a positive trend after the deal between OPEC, Russia and other producers to cut output. Riyadh expects to collect 480 ...

Oil prices turned negative after earlier hitting 18-month highs on Tuesday, the first trading day of 2017, as the U.S. dollar rallied to its highest since 2002.Traders said crude prices were buoyed earlier in the day ...

By Bruno Federowski SAO PAULO, Jan 3 Brazilian stocks and currency rose on Tuesday after stronger-than-expected Chinese economic figures and higher oil prices boosted demand for commodity-related assets. China's ...

Moody’s Investors Service said in a press release that global oil and natural gas prices are expected to remain volatile again in 2017. WASHINGTON (Sputnik) – Global oil and natural gas prices are expected ...

ISLAMABAD: The Oil and Gas Development Company (OGDC) and MOL Pakistan have generated Rs99.538 billion crude oil and natural gas from its different operational fields of Khyber-Pakhtunkhwa during the last 17 years. The ...

Russia set a record for annual oil extraction in 2016 amid some of the lowest oil prices in recent history. In 2016, Russia extracted 527,499 million tons of oil and gas condensate, a 2.5 percent increase from 2015. ...

NEW YORK, Jan. 3 (UPI) -- Promises offset other physical market factors on the first full-trading day of 2017 to send crude oil prices to their highest levels in 18 months. Monday was the first day that members of the ...

LONDON: Oil prices hit 18-month highs on Tuesday, the first trading day of 2017, buoyed by hopes that a deal between OPEC and non-OPEC members to cut production, which kicked in on Sunday, will drain a global supply ...