Energy Update

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MOSCOW, Nov 21 (Reuters) - Russian Energy Minister Alexander Novak said on Saturday the Gas Exporting Countries Forum had reaffirmed the importance of long-term gas contracts, the take-or-pay mechanism, and a link between the gas price and the oil price, according to the RIA news agency.

Nov 20 (Reuters) - Peabody Energy Corp said it had agreed to sell its New Mexico and Colorado coal assets to Bowie Resource Partners LLC for $358 million in cash.

Nov 20 (Reuters) - A magnitude 4.1 quake hit near the north Oklahoma town of Medford on Friday, the second temblor in two days to hit the area where energy extraction takes place.

Nov 20 (Reuters) - Peabody Energy Corp said it agreed to sell its New Mexico and Colorado coal assets to Bowie Resource Partners LLC for $358 million in cash.

NEW YORK, Nov 20 (Reuters) - Oil rose on Friday, erasing early losses on short covering, with Brent futures up more than 2 percent and U.S.

Nov 20 (Reuters) - SunEdison Inc's decision to halt sales of solar power plants to its dividend-paying "yieldco" units has drawn attention to the company's missteps at a time when the oil price slump has claimed renewable energy stocks as collateral damage.

NEW YORK, Nov 20 (Reuters) - Drivers logged a record-breaking 259.9 billion miles on U.S. roads in September, the most ever for the month and a 4.3 percent jump from last year, according to new data released Friday by the U.S. Department of Transportation.

Nov 20 (Reuters) - U.S. energy firms cut oil rigs for an 11th week in the last 12 this week, data showed on Friday, a sign drillers were still waiting for higher prices before returning to the well pad en masse.

PARIS/MOSCOW, Nov 20 (Reuters) - France dismissed Russian suggestions on Friday its air strikes against oil installations in Syria were illegal, saying they were "an appropriate and necessary riposte" to attacks by Islamic State.

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