Talks with the 12-nation group will take place on June 2-3, Energy Minister Alexander Novak said Tuesday in Moscow.
Pipeline opponents asked for the hearing postponement in South Dakota because they said the original schedule was too tight.
While lawmakers and regulators focus on the strength of oil tank cars and volatility of crude oil, officials of the rail inspectors’ union say track flaws and train speed can be significant factors in accidents.
China National Petroleum Corp., the state-owned parent of PetroChina, hasn’t received any information from the government, nor has it spoken with Sinopec about a merger, Media Director Gong Kai said.
“We will supply any demand for Saudi oil, as we are interested in the stability of the market,” Prince Abdulaziz said.
Demand for alternative energy sources is untethered from oil and natural gas prices, the writers argue.
The Obama administration announced in March that it will require companies that drill on federal lands to disclose the chemicals used in hydraulic fracturing.
The number of U.S. oil rigs fell once again this week, Baker Hughes said Friday, as producers kept cutting drilling in the face of low crude prices.
The world’s biggest oil exporter now has incentive to maximize output and undermine rival producers by using its reserve capacity.
Producers in oil and gas fields from Texas to Pennsylvania have 4,731 idled wells at their disposal.