Oil
Middle East: Lots of challenges; one big opportunity
March 10, 2011Something big is happening in the Middle East—precisely what is yet unclear. Unfolding developments and thoughtful analysis will no doubt tarnish some of the instant western labels affixed to the unrest—democratic wildfire, first Twitter...
Pro-Gaddafi forces block rebels
March 07, 2011Libyan government forces are advancing towards the oil port of Ras Lanuf, checking the rebels' westward progress, BBC correspondents say. Bin Jawad, 50km (30 miles) from Ras Lanuf, has now fallen to forces loyal to Libyan leader Col Muammar Gaddafi....
Khodorkovsky trial: Russia hits back at West
December 28, 2010Russia has accused Western nations of exerting "unacceptable" pressure over the trial of jailed oil tycoon Mikhail Khodorkovsky. Russia's foreign ministry was reacting to criticism by the US and Germany on Monday after a second guilty verdict...
Russian oil tycoon Khodorkovsky 'found guilty' in trial
December 27, 2010Former oil tycoon Mikhail Khodorkovsky has been found guilty in his second trial on charges of embezzlement, Russian news agencies say. A judge in Moscow said Khodorkovsky and his business partner had been found guilty of embezzling property. The verdict...
Sanctions on Iran’s energy sector can be circumvented on several fronts
August 02, 2010By Vladimir Socor The United States and the European Union have imposed on July 1 and July 26, respectively, a new round of sanctions of unprecedented severity, presuming to hinder Iran’s uranium-enrichment program. Other parties, however, are...
Obama: We will make BP pay for its oil spill
June 16, 2010President Barack Obama has told the American people the energy company BP will be required to pay for all the damage caused by its giant oil spill in the Gulf of Mexico. It was the president's first nationally-televised address from the Oval Office since...
Bulgarian government disavows three Russian energy projects
June 15, 2010by Vladimir Socor Bulgarian government statements on June 11-12 have conclusively disavowed Russia’s projects to build the South Stream gas pipeline, Burgas-Alexandropolis oil pipeline, and Belene nuclear power plant, on Bulgaria’s territory...
Barack Obama returns to oil-hit Gulf coast
June 04, 2010President Barack Obama is making his third visit to the oil-hit Gulf coast where he will meet locals affected by the Deepwater Horizon spill. Mr Obama was being briefed in Louisiana by Adm Thad Allen, the US official leading the disaster response. The...
BP's 'top kill' procedure poses technical challenges
May 27, 2010By Brian Wagner BP oil company is making final preparations to try to seal off an undersea oil leak in the Gulf of Mexico, by filling it up with heavy mud. The company is relying on a method that has proven successful mostly on land. BP officials say...
European Court most high-profile case: Yukos vs Russia
March 04, 2010Yukos says Russian Governent deliberately sought to destroy it The European Court of Human Rights today heard one of its most high-profile cases, a complaint against the Russian Federation brought by the bankrupt oil company Yukos. Former Yukos executives...