The oil cartel OPEC will decide how much oil its members can pump over the next six months. But despite some push and pull between oil-rich countries, few expect more crude to be produced anytime soon. Christopher Werth reports.
The British energy giant BP is heading to Brazil to explore what could be the next big oil reserve. But the oil won't be easy to get to, as it rests many miles out at sea, under the ocean floor. Stephen Beard reports.
A cheaper, less energy-intensive type of ethanol will make for the possibility of a fuel alternative that is less than $2 a gallon. Jennifer Collins explains why the process to produce the fuel makes it less expensive.
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.
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.
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.
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.
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.
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.