Articles sur Oil price

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Efforts to combat climate change are making extracting oil from areas like Canada’s tar sands fields more expensive. Emily Beament/PA Wire via AP

Should oil companies like Exxon be forced to disclose climate change risks?

The SEC and others are pressing Exxon to disclose more climate change risks to investors. But new research suggests shareholders are already pricing in those costs on their own.
High-rise buildings amid shacks in Luanda. President Dos Santo has announced plans to retire amid growing unease among Angolans over deepening poverty despite a recent oil boom. Reuters/Siphiwe Sibeko

Dos Santos maintains the status quo while suggesting change in Angola

Angola's Dos Santos is buying time. His promise to step down is an attempt to diffuse growing political tensions, as repression continues. He might relinquish his position, but not his power.
The Angolan government failed to use revenues when the oil price was high to tackle massive social and economic challenges. Reuters/Siphiwe Sibeko

Why Luanda’s residents are asking: where did all the oil riches go?

As the oil price crisis deepens, Angolans are beginning to ask what actually happened to the glut of oil dollars. Very little has come from the oil boom of 2004-14.
Offshore oil is not just a risk to the environment – if the world gets serious about mitigating climate change, these resources risk becoming stranded assets. Green Fire Productions/Flickr

Big oil’s offshore scramble is risky business all round

Big oil companies are moving to exploit new resources such as the Arctic or the Great Australian Bight. But are they worth the risk?

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