By Phil Mercer Sydney 05 July 2007 Australian troops aboard an armoured personnel vehicle pass by a checkpoint guarded by an Iraqi policeman at a junction near the Australian embassy in Baghdad (File) Australia has admitted for the first time that se...
By Mil Arcega Washington, D.C. 08 June 2007 Oil producers in the Persian Gulf are breathing a sigh of relief as Cyclone Gonu weakened to a tropical storm. Shipping and port officials say the storm caused very little damage to major oil fields in the...
By Sarah Simpson Lagos 01 June 2007 At least three foreigners have been kidnapped by gunmen and two people injured in Nigeria's southern oil city of Port Harcourt Friday. The incident comes days after new President Umaru Yar'Adua called for an end to...
By Mil Arcega Washington 25 May 2007 Technology and high gasoline prices are helping to coax hard-to-extract oil from California's oil fields. Production at some of the state's older oil fields is expected to dry up in about 25 years, but Chevron say...
By Greg Flakus Houston, Texas 17 May 2007 High energy prices, coupled with rising demand, are putting pressure on the oil and gas industry worldwide. Many companies are finding and developing new, underwater fields. More than 67,000 representatives o...
By Rory Byrne Phnom Penh 15 May 2007 Revenues from large deposits of oil and gas discovered in Cambodia's territorial waters are expected to start flowing by the year 2010. The government says the funds will be used to pay for much-needed infrastruct...
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...