An international summit in Moscow is focusing on who owns the rights to riches thought to be under the Arctic seabed. Europe correspondent Stephen Beard talks with Steve Chiotakis about who will be at the summit and what they are trying to achieve there.
After nearly five months, the government says the BP oil well in the Gulf of Mexico has finally stopped gushing. Reporter Alisa Roth talks with Bill Radke about what how much money BP is out so far and whether we can expect to see BP drilling in the Gulf again.
It'll be a pretty expensive undertaking for oil companies to permanently plug thousands of unused wells in the Gulf, per request of the Interior Department, but at least it'll keep local employed.
California regulators have ordered Pacific Gas & Electric to survey all its natural gas pipelines after one of its pipelines in San Bruno, Calif., exploded. Reporter Nancy Marshall Genzer talks with Steve Chiotakis.
Oil cartel OPEC is celebrating its 50th anniversary. On September 10, 1960, a conference kicked off in Baghdad which led to its formation. Europe correspondent Stephen Beard talks with Steve Chiotakis about whether OPEC has been a success.
BP has released an internal report that says multiple companies and people are to blame for the Gulf of Mexico oil leak. Europe correspondent Stephen Beard talks with Jeremy Hobson about what is in the report and whether the company's outlook has changed.
To pay for some of President Obama's economic ideas — like more roads and rails — some tax breaks may be eliminated. Specifically, some deductions that oil and gas companies currently enjoy that allow them to lower their tax bills. Scott Tong reports.
Louisiana has cut a deal between BP, federal and local authorities for long-term clean-up of the oil spill. Officials say it's time to move from disaster response to coastal restoration. Eve Troeh reports.
