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CHAD

When Chadians stay poor despite oil

Everyday, $40,000 US dollars in oil is pumped out of Chadian farmer Richard Betalum's land, with only 5 percent invested back into public infrastructure. The rest is used to finance the army and restore administrative offices.
UNITED STATES - ENVIRONMENT - OIL
Bush lifts executive ban on offshore drilling
In the context of sky-high fuel prices, US President George W. Bush has lifted a long-standing executive ban on offshore oil drilling, urging lawmakers to follow suit. However, Democrat-dominated Congress looks likely to reject his call.
ENERGIES
Gazprom ready to invest in Iran
Gazprom's CEO has said that the Russian company is ready to participate in major oil and gas projects in Iran. This comes just days after French Total pulled out of a multi-billion dollar investment in the country.
OPEC - EU
OPEC makes no promise to EU ministers
Oil producer and consumer countries met in Brussels to find a solution to the increasing price of oil, which is stable at 137 dollars a barrel. OPEC says it will not boost oil output. (Report: H. Papper)
OIL - OPEC
OPEC: 'Oil prices won't come down'
On the eve of the EU-OPEC summit in Brussels, the petrol producers' organisation president Chakib Khelil announced that the oil prices "will not come down" and the OPEC's secretary general says the supply is sufficient.
BIOFUEL

Home-made biodiesel

The Dervaes where among the first in California to produce their own biodiesel from a recipe containing methanol, lye and used vegetable oil from restaurants. Their cheap, eco-friendly fuel beats ever rising fuel prices. (Report: G. Fenwick)
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FRANCE - OIL PRICES
French truckers protest gas prices
French truckers, taxi drivers and fishermen continued protesting against the rising cost of fuel, paralysing traffic around Paris's main business district throughout the week. Click "Play Video" to see S Bähr, T Grucza, S Silkes' report.
OIL PRICES - STRIKE
Fishing strike across Europe gathers ground
A strike by European fishermen held firm on Saturday as fleets in Spain, France, Portugal and Italy protested against rising fuel prices. The cost of marine diesel has risen by about 30 percent since the beginning of the year. (Report: N.Germain)
OIL - PRICES
Fuel protests spread across Europe
Soaring fuel prices triggered further protests in France and the Netherlands, as fishing fleets in Spain, Italy and Portugal also joined in the spreading fuel strikes. (Report: N.Rushworth)
BRITAIN
Gordon Brown' weighs in on petrol crisis
Like the rest of Europe, Britain is enduring the fallout from soaring fuel prices. PM Gordon Brown has encouraged producers to increase production while trying to maintain a green tax, inciting protests. (Story: P. Hall)
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