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Geithner asks China for help with sanctions on Iran
Rob Schmitz Jan 10, 2012
The U.S. treasury secretary wants China to impose sanctions, but may find the Chinese -- big buyers of Iranian oil -- in no hurry to make up their minds.
Mr. Geithner goes to Asia as tension with Iran grows
Scott Tong Jan 9, 2012
Key on the agenda: Getting Japan and China to support Iran oil sanctions.
Diesel car market poised to grow in 2012
Eve Troeh Jan 6, 2012
Chrysler announced plans to add 1,100 of them at its assembly plant in Detroit. The new workers will build a diesel version of the Jeep Cherokee. It's the latest of many U.S. automaker announcements for diesel cars and trucks.
Europe likely to impose oil sanctions on Iran
Stephen Beard Jan 5, 2012
European officials are meeting in Brussels today to discuss an oil embargo against Iran in reaction to the country's nuclear program.
European leaders agree to oil sanctions for Iran
Steve Chiotakis Jan 5, 2012
European officials meeting in Brussels today have reportedly agreed to an Iranian oil embargo. It's the latest move by the west to punish Iran for its nuclear ambitions.
Iranian oil: To ban or not to ban?
Stephen Beard Jan 5, 2012
The European Union has threatened to embargo oil from Iran. Iran snapped back, saying if that happens, it won't let any oil ships pass through the Strait of Hormuz. How might this affect Europe and the U.S.?
Chinese company to invest in U.S. oil drilling
Rob Schmitz Jan 4, 2012
Sinopec will spend billions of dollars on a partnership to drill for natural gas in Ohio. The company is hoping to gain the needed expertise to grow the fracking industry in China.
BP seeks to blame Halliburton for oil spill
Stephen Beard Jan 3, 2012
British oil giant BP has filed court papers demanding the Houston-based firm Halliburton pay billions of dollars in clean-up and compensation costs for the 2010 oil spill in the Gulf of Mexico.
BP sues Halliburton for full costs of 2010 spill
Eve Troeh Jan 3, 2012
In the lawsuit, BP holds Halliburton responsible for the failure of a cement lid placed over the blown out deepwater oil well, and thus the entire cleanup for the incident.
Nigeria loses oil subsidy, fuel prices double
Stacey Vanek Smith Jan 2, 2012
Nigerians are expressing outrage this morning. The government has just announced it's nixing a longtime fuel subsidy. Gas prices there have more than doubled in many places.
