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Venezuelan President Hugo Chvez celebrated May Day, the international workers' holiday, by issuing a decree that transferred control of the country's last privately owned oil fields to government control. The state will own at least 60% of every oil
British Petroleum has put someone new in charge of their operations in Alaska, where they spilled 800,000 gallons of oil in March and where they shut down the biggest oil field in the United States in August because of pipeline corrosion. BP is the
A group of three oil companies led by the American company Chevron have announced the discovery of a new oil field in the Gulf of Mexico, about 270 miles south of New Orleans. The new field may have between 3 and 15 billion barrels of oil. The resul
China says a multi-billion dollar oil deal with Iraq is still being negotiated. This contradicts reports last week from Iraqi officials, who said the deal had been signed. 中国政府表示,与伊拉克的数十亿美元石油交易还在磋商中,
GWEN IFILL: As Iraq continues to fracture, there are new concerns about the security of its considerable oil production facilities. Only last month, the country's crude oil production reached 3.6 million barrels a day, the most since Saddam Hussein t
Discoveries of new oil reserves have dropped to their lowest level for more than 60 years, pointing to potential supply shortages in the next decade. 新探明石油储量已降至逾60年来最低水平,这预示着未来10年可能出现供给短缺
U.S. President George Bush is again calling on opposition Democrats in Congress to expand offshore oil drilling. High energy prices are a big part of this year's presidential campaign. 美国总统布什再次呼吁在野党民主党的国会议员允许