What oil bust?
We used to worry that “peak oil” meant that we were running out of the stuff. This has morphed into a forecast of chronic surplus.
We used to worry that “peak oil” meant that we were running out of the stuff. This has morphed into a forecast of chronic surplus.
ExxonMobil is playing hardball with its control of giant oil fields off the coast of Guyana.
This time last year, the price of crude oil was $96 per barrel, well above today’s price of $89 per barrel.
The chief of Chevron has said he does not consider the forecast of declining oil consumption after 2030 to be “remotely right.”
Who are our orange-clad friends, what do they want and are they right?
Just two weeks ago, the UK natural gas price was at a two-year low. Today, that price doubled. Here’s why.
As well as an enormous sovereign wealth fund, Norway faces a conundrum over the black stuff.
Demands from the Church of England Pensions Board that Shell goes greener quicker are a blessing for the oil giant’s main rival.
Last week it was the turn of Wael Sawan, the incoming chief executive of Shell, to admit that, despite the growth of renewables, there’s a future for oil after all.
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