By Gilbert da Costa Abuja 09 May 2007 Attackers carrying assault rifles and rocket-propelled grenades stormed a transport vessel carrying oil workers off the southern coast of Nigeria, kidnapping four Americans late Tuesday. Gilbert da Costa reports...
By Greg Flakus Houston 27 March 2007 Mexico's state-owned oil company, Petroleos Mexicanos, better known as Pemex, celebrated its 69th birthday on March 18, amid concerns that it is on the brink of insolvency and its production is falling. As VOA's G...
By Leta Hong Fincher Washington 23 March 2007 watch US Oil Security The U.S. Congress has held a hearing Thursday on how rising global demand for oil is affecting U.S. national security. Some lawmakers and energy experts say America's dependence on o...
By Peter Fedynsky Washington 20 March 2007 Rising world oil prices have sparked interest in alternative fuels, such as ethanol, which can be produced from corn. This has raised demand for the grain, which, in turn, has increased its price as food. VO...
By Simon Marks Caracas 16 March 2007 watch Venezuela Oil report With oil prices hovering above $55 a barrel, petroleum-rich Venezuela is awash with money. The windfall allows President Hugo Chavez to fund numerous social programs for the country's p...
By Gilbert da Costa Abuja 25 January 2007 Suspected armed militants attacked a Chinese oil company in the Southern Nigeria state, Bayelsa, Thursday, kidnapping at least two Chinese workers. From Abuja, Gilbert da Costa reports the latest hostage-tak...
By Gilbert da Costa Abuja 03 November 2006 An unidentified boy sells fuel at the waterside in Yenagoa, Nigeria, Nov. 2 2006 Nigerian officials involved in talks to release two foreign oil workers kidnapped Thursday say they expect the men to be rele...
By Meredith Buel Washington 27 October 2006 The United States says it is ready to help Saudi Arabia defend its oil facilities against terrorist threats, following a statement by the British navy asking merchant shippers to be on alert for suspicious...
By Bill Gasperini Sakhalin, Russia 20 October 2006 A giant energy project on Russia's remote Sakhalin Island has recently come under scrutiny because of environmental concerns. A foreign run consortium has long been building parallel gas and oil pip...
By Paul Sisco Washington, DC 20 September 2006 watch Deepwater Oil Super computers, mathematical formulas, and advances in imaging all played a part in a much-publicized recent oil discovery beneath the Gulf of Mexico. ----- Consider the idea of dri...