Now playing Next Business OPEC’s black gold price losing its shimmer After the latest OPEC meeting black gold lost some of its sheen as the producer cartel said it would not cut output to reverse a dramatic fall in 02/12/2014
Now playing Next USA US senate defeats controversial Keystone XL pipeline bill The United States senate has rejected a bill which would allow a controversial Canada-to-Texas oil pipeline to be completed. The Keystone 19/11/2014
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Now playing Next Business Ripple effect of Scotland's independence vote on Mideast markets In this week’s edition of Business Middle East, we examine the upcoming independence referendum in Scotland. To be, or not to be in the UK, that 16/09/2014
Now playing Next Spain Canary Islands incensed after Spain approves oil exploration Spain has given the go-ahead for the oil company Repsol to explore for reserves off the coast of the Canary Islands. The decision has greatly 15/08/2014
Now playing Next Russia Court orders Russia to pay some $50 bn in damages to Yukos shareholders Russia has been ordered to pay the shareholders of Yukos, the defunct Russian oil company, $50bn. The ruling, by the Court of Arbitration, says 28/07/2014
Now playing Next World Ties that bind: the economics of the EU-Russia relationship EU leaders will meet again in Brussels on Thursday with a view to enacting tougher sanctions against Russia over its annexation of Crimea. German 18/03/2014
Now playing Next Cyprus U.S. Navy Seals board tanker carrying oil from Libya rebel port U.S. Navy Seals boarded and took control of an oil tanker late on Sunday that escaped earlier this month from a Libyan port with armed men at the 17/03/2014
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Now playing Next France French court acquits Total of corruption charges Energy giant Total has been acquitted by a Paris court of corruption charges, in connection to the United Nations oil-for-food programme in 08/07/2013
Now playing Next Unreported Europe Fracking in Europe Wojciech Swieton has travelled all over the world as a drilling engineer. He started his search for natural gas in his native Poland, then moved 02/11/2012
Now playing Next Unreported Europe Bonus interview: Piotr Grzegorz Wozniak, junior minister for shale gas at the Environment Ministry of Poland Complete interview in English with junior minister for shale gas at the Environment Ministry of Poland, Piotr Grzegorz Wozniak. 02/11/2012
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Now playing Next Business Total market pleaser Europe’s third-largest oil company was the second biggest winner on a downward Cac40 in Paris. Total’s share price was up 0.8 per cent. The 24/09/2012
Now playing Next Business BP's spill woes mount The 2010 Gulf of Mexico oil spill continues to haunt BP with the US Justice Department now accusing the British oil giant of “gross negligence and 05/09/2012
Now playing Next Business BP profits plunge on massive writedown British energy giant BP faces further troubles as lower oil and gas prices, as well as a decline in production due to maintenance work has a negative 31/07/2012
Now playing Next Business Argentina's YPF seizure slams Repsol shares The Argentinian nightmare caught up with Repsol on the market on Tuesday as its subsidiary YPF was nationalised by Buenos Aires. The Spanish oil 18/04/2012
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