In other news today, crews in northeastern China used shovels, buckets and even their bare hands to clean up oil after a pipeline exploded in the Yellow Sea last week.
By John Richard Cookson
The highly anticipated $11 billion Nabucco pipeline, connecting the energy-rich Caspian region to Eastern Europe, moved forward Monday when five countries signed an agreement in the Turkish capital Ankara.
By Admin, PBS NewsHour
Russia stopped supplies of natural gas to neighboring Ukraine over a contract and debt dispute, raising concerns of gas shortages in the rest of Europe which depends on gas supplies from Russia.
By PBS NewsHour
Alaska Sen. Ted Stevens, the Senate's longest-serving Republican, has been indicted on seven counts of making false statements about receiving more than $250,000 from an oilfield services company that helped renovate his home.
By PBS NewsHour
More than 260 people were killed Tuesday when a punctured gasoline pipeline exploded in Lagos, Nigeria.
The oil giant British Petroleum will shut down most of its production at the Prudhoe Bay oil field in Alaska because of corroded pipelines. An industry specialist outlines the environmental problems with the BP site and the president of BP…
Britain's BP PLC, a major international oil company, was forced to begin shutting down production at the largest oil field in the United States on Sunday.
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