By Gilbert da Costa Abuja 13 July 2006 Nigerian authorities are investigating explosions at two crude oil pipelines, which are causing massive spills in the southern state of Bayelsa. State authorities are seeking to end a wave of kidnappings, hosta...
By Gilbert da Costa Abuja 07 June 2006 A militant group in the Niger Delta Wednesday staged a bloody raid on an oil facility seizing five South Korean oil workers and killing four soldiers. ----------...
By Gilbert da Costa Abuja 03 June 2006 Nigerian President Olusegun Obasanjo has taken charge of mediation efforts to secure the release of eight foreign oil workers seized Friday. Presidential spokesw...
By Mil Arcega Washington, DC 04 May 2006 watch Ripple Effect of Oil report The latest data on consumer spending shows the U.S. economy continues to expand at a healthy pace. But some economists fear o...
By Ron Corben Bangkok 02 May 2006 High global oil prices are taking their toll in Thailand, where the nation's fishing fleet - one of the largest in Southeast Asia - has been affected. Hundreds of ves...
By George Dwyer Washington, DC 01 May 2006 watch World Oil Peak report Rising oil prices have many consumers and business people wondering how long it will be before the price of a barrel of oil or a...
By Barry Wood Washington 28 April 2006 President Bush Friday said that the tripling of the price of oil since he became president in 2001 is a wake-up call that should hasten the development of altern...
By Greg Flakus Houston 27 April 2006 Senators, from left, Debbie Stabenow, Richard Durbin and Maria Cantwell discuss rising gasoline prices at an Exxon station on Capitol Hill in Washington, April 26,...
By Raymond Thibodeaux N'Djamena 27 April 2006 Less than three years after Chad starting shipping its oil, there is growing resentment and even hostility toward Chad's government, widely perceived here...
By Mil Arcega Washington, DC 18 April 2006 watch report Rising Gas Prices Crude oil futures hit $70 a barrel for the first time in seven-and-a-half months Monday, pushed higher by concerns over declin...