Articles sur Petroleum

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OPEC can’t stop the flow. Isaac Urrutia/Reuters

Is OPEC’s oil era over?

OPEC has been declared dead in recent months as the group of oil-exporters has been unable to agree on a plan to stabilize the market. But was it really ever alive in the first place?
Shell chief Ben van Beurden is pointing the way for oil companies to demand greater certainty over future climate policy. EPA/FACUNDO ARRIZABALAGA/AAP

Shell chief calls for climate action, but what are the firm’s motives?

In a speech last Thursday at International Petroleum Week – one of the biggest events on the industry’s calendar – Ben van Beurden, chief executive of Royal Dutch Shell, argued that big energy companies…
Saudi workers have been given a pay bonus by their new king, but unless oil prices rebound the country will find itself eating into its US$750 billion sovereign nest egg. EPA/Ali Haider

Black oil, red budgets: how long can Gulf states endure low prices?

In his first royal decree, Saudi Arabia’s newly crowned King Salman announced two-month bonuses for state employees, pensioners, students, and recipients of social service programs (that is, everyone in…
In the 1970s, refineries in the Middle East controlled the world’s flow of oil. Not any more. National Iranian Oil Company/Wikimedia Commons

OPEC v oil prices: how the world’s biggest oil cartel lost its power

With oil prices on the slide, members of the once-dominant Organization of the Petroleum Exporting Countries (OPEC) decided last week not to attempt to rally them by cutting production, leaving the Brent…
Economic modelling suggests raising fuel taxes could get cars off the road - and therefore save lives. Khongkit Wiriyachan/Shutterstock

Increasing fuel taxes could save thousands of lives worldwide

Road safety is a seriously important public policy issue. Around 1.3 million people die in road crashes around the world each year. Among teenagers and young adults, road crashes are the number-one cause…
The Americans claim that North Sea tax system is inhibiting investment. Nick Bramhall

America is right, the UK’s North Sea tax regime needs reforming

The UK North Sea is attracting attention once again after being overshadowed by the shale debate for quite some time. Most recently this has been thanks to the UK government’s announcement this week of…
Australia only keeps an estimated 23 days’ worth of fuel in the country. Bidgee/Wikimedia Commons

Running on empty: Australia’s risky approach to oil supplies

It might sound unlikely, but Australia’s fuel gauge is worryingly low. We’re one of the world’s top energy exporters, but our stocks of liquid fuels – such as the oil on which almost the whole transport…
Have catalytic converters changed the cost-pollution-benefit in petrol’s favour? Mike Egerton/PA

Failure to test for the real world has left a polluting diesel legacy

Which is the better option for cars in cities, diesel or petrol-driven engines? As a report reveals the new fleet of green, hybrid electric-diesel buses in London produce less CO2 but more harmful pollutants…
In Brazil, environmentally sound practices mean ethanol production significantly reduces the country’s greenhouse gas emissions. Flickr: Sweeter Alternative

Mixed fuels, mixed messages: the motivations for ethanol expansion

In the lead up to the federal election, Queensland mining magnate Clive Palmer called for an increase in the number of vehicles using ethanol-based fuels, as a way of reducing Australia’s greenhouse emissions…
State of dependency: Australia imports the majority of its oil for the first time since 1970. Flickr/Sr. Samolo

Australia’s growing oil imports are an energy security issue

For all the talk about Australia’s resource and energy riches and the country’s economy riding the waves of a resource boom, one facet of the country’s energy situation has largely been under the radar…

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