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Geithner asks China for help with sanctions on Iran

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.
Posted In: Iran, China, Oil

Mr. Geithner goes to Asia as tension with Iran grows

Jan 9, 2012
Key on the agenda: Getting Japan and China to support Iran oil sanctions.
Posted In: China, Japan, Iran, sanctions, Oil

Diesel car market poised to grow in 2012

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.
Posted In: diesel, cars, Oil, auto market

Europe likely to impose oil sanctions on Iran

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.
Posted In: Oil, Iran, Europe

European leaders agree to oil sanctions for Iran

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.
Posted In: Oil, Iran, sanctions

Iranian oil: To ban or not to ban?

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.?
Posted In: Oil, Iran, Strait of Hormuz

Chinese company to invest in U.S. oil drilling

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.
Posted In: fracking, Oil, China

Nigeria loses oil subsidy, fuel prices double

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.
Posted In: Nigeria, Oil, subsidy

Iraq's oil industry after U.S. withdrawal

Dec 30, 2011
Now that U.S. troops have pulled out Iraq, turns out direct benefit for American oil companies never materialized.
Posted In: Oil, Iraq

BP oil engineers could face felony charges

Dec 29, 2011
The U.S. government could soon bring criminal charges against some BP employees in the company's huge 2010 oil spill in the Gulf of Mexico.
Posted In: BP, Oil, oil companies, legal

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