ChÃÂ¿vez's Oil Threats Slick but Not Solid
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A full-page ad blasting Exxon Mobil appeared in the Venezuelan newspaper Ultimas Noticias on Monday. Drawings of drops of oil went from black at the top of the page to red at the bottom. "Exxon turns oil into blood," the bold-face text declared. Addressing "Exxtranjero" -- the Spanish word for...
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President Bush isn't the only leader facing serious economic woes. Icy weather is causing big political trouble for Iran's hard-line president, who is under attack for mismanaging the economy as the country runs perilously low on gas for heat.
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BOGOTA, Colombia, Sept. 22 -- Venezuelan President Hugo ChÃÂ¡vez's blistering attack on President Bush at the United Nations this week marked a striking crescendo in a campaign to project Venezuela as a country with the global reach to counter American initiatives.
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While energy stocks have been going gangbusters, many of the companies that sell equipment and services to the major oil producers havenât fared nearly so well.
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As OPEC&#39;s leaders prepare to discuss oil price and output targets amid strong demand, analysts wonder if the cartel&#39;s influence has waned at a time when producers outside the
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Some companies are dealing with rising oil costs in unique ways.
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Officials at Mexico's state-owned oil monopoly said Monday that the company has detected massive new oil deposits in the Gulf of Mexico that could potentially double the country's reserves, but industry analysts cautioned that the  findings are still unproven.
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Energy company Harvest Natural Resources encounters problems in Venezuela.
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Politics continue to complicate energy policy.
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The spike in oil prices in recent months is stoking heated arguments between market players, who blame each other for the lack of production capacities that has been exposed by strong global demand.
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Crude oil vaulted through a psychological barrier amid concern about whether production can keep up with rising global demand.
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VIENNA -- OPEC, the producer of 41 percent of the world's oil, probably won't cut output at a meeting here this week as mounting tensions between the United States and Iran bolster prices.
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As OPEC's leaders prepare to discuss oil price and output targets amid strong demand, analysts wonder whether the cartel's influence has waned at a time when producers outside the cartel such as Russia and Norway are gaining clout.
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LA PAZ, Bolivia -- When President Evo Morales took state control of Bolivia's energy sector nearly two years ago, critics warned that investors would abandon the country's gas fields and ultimately sink the industry.
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Despite expected rapid growth in wind and solar energy, oil and gas are here to stay.
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Although oil prices have remained at historically high levels for a while, market watchers and government officials said that complications might not be overwhelming due to an upgrading of the country&#39;s industrial structure.
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NUEVO JERUSALEM, Peru -- TomÃÂ¡s Maynas Carijano strolled through his tiny jungle farm, pinching leaves, shaking his head. The rain forest spread lushly in all directions -- covering what oil maps call Block 1AB.