Oil

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Will oil field pump up Dubai's economy?

Feb 5, 2010
Officials in Dubai say they've found a fresh oil field. But some experts find the timing of the announcement a little curious. Bob Moon reports.
Posted In: Oil

Study: Fracking a contamination risk

Jan 20, 2010
A new study finds hydraulic fracturing, a process energy companies use to free up oil and gas reserves from rocks, can also contaminate ground water with known carcinogens. Environmental advocates want the process regulated. Sam Eaton reports.
Posted In: Oil

Shell signs deal to develop Iraqi oil field

Jan 18, 2010
Oil giant Shell and Malaysian state-run oil company Petronas have finalized a 20-year deal to develop the largest oil field in Iraq. Steve Chiotakis gets more details from Marketplace's Stephen Beard.
Posted In: Oil

Don't panic over rising gas prices

Jan 8, 2010
Prices are once again going up at the pump and that's likely to continue throughout the month. But with consumer demand down and the unemployment rate still hovering, some analysts say the higher costs can't be sustained all year. Bob Moon reports.
Posted In: Oil

Cold weather pushes up oil prices

Jan 4, 2010
Oil is up $2 to over $81 a barrel, its highest in more than two months. The main reason: the cold weather. Bill Radke gets more from energy reporter Carola Hoyos with the Financial Times.
Posted In: Oil

Iraq drives hard bargain on Lukoil

Dec 30, 2009
Russian oil giant Lukoil has signed a deal to develop one of Iraq's biggest oil fields. U.S. oil companies could have bid for the contract earlier this month, but few were present at the auction. Nancy Marshall Genzer explains why.
Posted In: Oil, Russia

Will House sanctions work on Iran?

Dec 16, 2009
The House passed a bill strengthening sanctions against Iran in an effort to step up pressure on the country to end its nuclear weapons program. Brett Neely explores what's involved in the bill.
Posted In: Oil

Exxon sees gas potential in XTO deal

Dec 14, 2009
ExxonMobil will buy XTO Energy is a stock deal worth $41 billion. Sarah Gardner reports the corporate takeover signals a shift away form oil and coal.
Posted In: Mergers and Acquisitions, Oil

Exxon deal makes bet on natural gas

Dec 14, 2009
Exxon Mobil is buying American firm XTO Energy in an all-stock deal worth $31 billion, with XTO's position on natural gas being the pull. Bill Radke explores the deal with trader Phil Flynn of PFG BEST in Chicago.
Posted In: Mergers and Acquisitions, Oil

A false picture of world's oil reserves?

Nov 10, 2009
There are charges that the International Energy Agency's figures are false, and the world is much closer to running short of oil than the IEA lets on. European correspondent Stephen Beard talks with Bill Radke about those claims.
Posted In: Oil

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