oil

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oil


Philippines Wary of China’s Stance in the South China Sea

Palawan Bay, Philippines (Photo: Mary Kay Magistad)

China’s big appetite for energy is expected to double over the next quarter-century. It already imports more than half of its oil and natural gas, and it’s looking to the resource-rich South China Sea, claiming almost the whole thing as its own. But Vietnam, Brunei, Malaysia, Taiwan and the Philippines also have claims there.

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EU Approves Iran Oil Imports Ban

USS Abraham Lincoln (Photo: US Defense Department)

EU foreign ministers formally agree to an oil embargo against Iran, as Western powers reinforce their naval presence in the region.

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Another Oil Pipeline Runs into Political Debate in Canada

The Trans-Alaska Pipeline System runs from the Arctic Ocean to the Gulf of Alaska at Valdez measuring 800 miles. (Photo: US Geological Survey/Wikipedia)

There is a political battle in Canada over a proposed pipeline that would go west from Alberta through a remote wilderness area to an isolated stretch of coast in British Columbia.

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The Impact of New Sanctions on Iran

The IAEA (Photo: BBC)

As concerns over Iran’s nuclear ambitions continue to rise, the US and other European countries are contemplating new sanctions against Tehran’s oil sector.

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Pakistan Truckers Applaud Shut Down of US Afghanistan Supply Route

U.S. Army Cpl. Joseph Rentie,1st Battalion, 279th Infantry Regiment, concludes a search of a truck at a Pakistan border crossing in Paktya province. (Photo by: U.S. Army)

Pakistan has shut off the US supply route into Afghanistan after a US airstrike last week killed 24 Pakistani soldiers. As reporter Fahad Desmukh tells us, truckers who ferry supplies for the US military are actually applauding the move, even though it hits them in the pocketbook.

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Obama Decides to Hold Off Deciding on Massive Pipeline

Gary Clement - Obama - Pipeline

President Obama decides to hold off deciding on a massive pipeline that would carry oil from Canadian tar sands in Alberta through six states before reaching Texas’ Gulf coast. Canadian cartoonist Gary Clement thinks he knows why.

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Thousands Protest Canada-US Pipeline

Thousands of protesters march outside the White House, urging US President Barack Obama to stop the planned pipeline between Canada and the US.

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Israel’s Oil Dreams Kick off Environmental Battle

Drilling in process at a site in Israel. (Photo: Daniel Estrin)

A battle is brewing in Israel over plans to exploit what prospectors say is a huge oil shale resource beneath part of the country.

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Oil Wealth In The New Libya

OiLibya is the state-owned oil company (Photo: Antony Stanley/Flickr)

Why Libya’s oil wealth could be detrimental to a democratic future for the country.

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Europe Has Eyes on Libya’s Oil

New Libyan flag (Flickr image: Collin David Anderson)

France and Italy are especially interested in a post-Gaddafi Libya.

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Italy’s stake in Libya

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Megan Williams reports on how Italy’s oil and business interests in Libya have caused the government of Prime Minister Silvio Berlusconi to be extra cautious when it comes to responding to the rebellion against Gaddafi. Download MP3

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Chevron’s legal battles in Ecuador

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Anchor Lisa Mullins speaks with the BBC’s Irene Caselli about the latest turn in a long legal battle over the environmental legacy of oil drilling in the Ecuadorean Amazon. A court yesterday ordered the US company Chevron to pay damages of roughly $9 billion in the case. Download MP3

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Egypt protests, the Suez Canal and gobal trade

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The protests in Egypt have many in the international community wondering how the growing political instability will affect commerce in the region. The World’s Laura Lynch reports on the Suez Canal, and how control of that waterway is key to both Egypt and global trade. Download MP3

Timeline: History of the Suez Canal

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French farmland tapped for oil

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Correspondent Anita Elash reports that the world’s thirst for oil and oil-extracting technologies might transform fertile farm land in east of Paris into an oil field. Download MP3

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New possibilities for oil drilling

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Marco Werman talks with Robert Kaufmann, director of the Center for Energy and Environmental Studies at Boston University, about the new technologies which are helping the oil industry search for oil in many areas once considered too difficult or too expensive to drill. Download MP3

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