ENERGY NEWS--Weak start for oil prices ahead of data dump

Russia stands by OPEC oil production commitments

Russia will be 100 percent in compliance with the terms of a production deal coordinated by OPEC by the end of the month, Russia's oil minister said.

Weak start for oil prices ahead of data dump

April 11 (UPI) -- Oil prices limped into the trading day early Tuesday after steady gains as investors took stock of the latest supply and demand trends.

Gas prices up on geopolitical tensions, end of winter

April 11 (UPI) -- A steady rise in crude oil prices and maintenance at the nation's refineries means steady pain at the pump for U.S. motorists, motor club AAA reports.

Production down, sales up for Russian gas producer

April 11 (UPI) -- Novatek, the largest private natural gas producer in Russia, said first quarter gas production was down nearly 10 percent from last year.

German power company examining new wind energy options

April 11 (UPI) -- Technology for wind energy could use fixed-wing or sails for power in a way that would make deployment easier for deep waters, a Germany company said.

Libya estimates field closure costing $9.8 million per day

April 11 (UPI) -- The closure of one of the largest oil fields in Libya means a loss of about $9.8 million and the outage of huge volumes of oil, a national oil company said.

Potential grows for reserves offshore Norway

April 11 (UPI) -- The results of an appraisal well in the Edvard Grieg oilfield in Norwegian waters could lead to an increase in the overall reserve estimate, a company said.

Oil prices rally on geopolitical tensions

April 10 (UPI) -- Geopolitical factors spilled over into the broader economic mood early Monday to send crude oil prices sharply higher in early trading.