Bush To Push Saudis On Oil Prices
By AP, CBS News
The US president is welcoming Saudi Arabia's Crown Prince Abdullah to his ranch in Texas on Monday. Bush says he's looking for "a straight answer" to how close the Saudis are to reaching production capacity.
Chavez: Our oil reserve does not belong to Mr. Bush
By AP, Turkish Daily News
Venezuelan President Hugo Chavez on Monday accused the United States of planning to portray his country as a security threat in order to capture its vast oil reserves.
Chavez proclaims era of cheap oil over
By AP, AFP, Taipei Times
The Venezuelan president said OPEC could set prices between US$40 and US$50, while the US said its oil imports from the country were replaceable
U.S. Companies Eye Trans-Afghan Pipeline
By AP, Forbes
American companies might join a long-delayed trans-Afghan natural gas pipeline project expected to be launched in 2006, the U.S. ambassador to Turkmenistan said Tuesday.
Hundreds of protesters clash with police in Nepal
By AP, The Star (Malaysia)
Hundreds of demonstrators stoned government vehicles, blocked traffic and battled riot police in the Nepalese capital Tuesday to protest the increase in fuel prices by the government.
US: Firewood gaining popularity over heating oil
By AP, Guardian / Maine News
Higher heating oil prices in the US are encouraging consumers to turn to back to firewood.
Castro announces crude oil discovery
By AP, Seattle PI
President Fidel Castro said a crude oil deposit has been discovered off Cuba containing up to 100 million barrels, good news for a country that imports about half the petroleum it needs.
EU agree on setting up single energy market with Turkey, Balkan neighbours
By AP, Canadian Press
The European Union agreed Tuesday on an energy co-operation agreement with the Balkan countries, Turkey and Moldova, aiming to secure energy supplies across the continent.