Carola Hoyos

The World

Foreign Oil Companies Racing Back to Iraq

As U.S. troops pull out of Iraqi cities, international oil companies are arriving to bid for contracts to develop oil and gas fields. Carola Hoyos, energy correspondent for the Financial Times, joins The Takeaway to about the money at stake.

The World

Winter gets chillier as Russia cuts gas supplies in Europe

The World

Oil prices, oil production: OPEC calls meeting to counter falling price of crude

The World

The big question at OPEC: is the oil market oversupplied?

The World

Closed Georgian pipelines have little effect on oil prices

The World

A bold announcement on offshore drilling brings little relief to drivers

Global Politics

Gas prices are still soaring, pressuring President Bush to lift an executive ban on offshore drilling. The action has no practical effect unless Congress follows suit, but the political payoff is clear: the president says drilling will increase domestic oil production and help drive down prices ? Congress is holding it up.